Refinancing won’t bring us that much to buy out this partner.

I know you can't speak legal but maybe there are high level things to look out for.

You will need to call the municipalities and find out. 

Hi @Gerardo Arias, if you have not connected with an investor/ investor-focused realtor in the area yet, I highly recommend reaching out to @Josh Green.

U can still see those large blocks off land grants in northern CA in their original configuration.Of course out west we survey most every thing on Base line and meridian starting at a certain point..

The lease already spells out the property owner's responsibilities regarding who is responsible for the repair of certain items like the fridge and AC. 

Find a property that the seller is willing to finance for you, take a mortgage over subject to, find some investors willing to put the money up on a great deal.I am confidant that you will figure it out. 

What do you think your house would appraise for in today’s market if we sent out a professional appraiser to appraise the house, what would they appraise it for?

As you gain experience on what you really couldn’t learn from books or podcasts, you will have the fallback of the annuities to bail you out.

DCSR loan qualifications are based off teh property's income, not yours personally.There are lenders out there who will provide short term 'bridge' debt to rehab prior to cash flow.