@Wes Blackwell is VERY involved in the Sacramento market and can provide you with more insight than I on specifics but if you have any questions about specific neighborhoods feel free to reach out, or if you are looking for a partner who can property manage as well as you are in the bay area I am at your service =)

Are you getting a signed contract for your deal/involving an attorney or just using some “legal-zoom” type resource to draft the terms?

I generally would recommend to stay away from any transaction involving disqualified person.

Remember, a refinance involves more finance costs as well.On cash flow projections, the CapEx and expenditures are low.

You can't fit anything in it that you don't need.

I want to start off on the right foot and not waste time or money in a bad fit. 

He is a financial guy and here is what he told me:23 UnitsAlmost always 100% occupancy12% Cap RateBuilt in 1993Asking about $1.5MMNo agents would be involved in the deal on either the buy or sell side. 

And the answer always seem to involve increasing our monthly expenses, or decrease our amenities....  

The dpt of building of safety and the myriad agencies involved in city planning and construction in los angeles are highly corrupted.

Anything more involved seems overwhelming on my own.