Also, there seems to be high risk of tornadoes/high winds - looked around for data.

Out of 157 units, they currently have almost 70 vacant despite high demand.

Selling the property the same day for $50,000 presented a unique investment opportunity with minimal risk and high returns.

Competition is high and operation cost is high .My property is in California, so wanted to get ideas from owners who were in my shoes.Any suggestions appreciated.Thanks.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

It’s been a great tool for us for a decade plus the networking with local folks.

After experiencing different types of inspections with all kinds of properties from custom builds to existing, it all depends on your end goal , I highly suggest you reach out to a team, really strong team such as @Jorge Vazquez.

if you can build at 50% of after value I'd hire you and I build the cheapest of anyone I know in our market and minimum rates. there's 3 builders that build at our rate. only place I can get us to 50% equity is in miami florida and that is new construction that is selling at $1000 per square foot and up and high density 300+ unit underwriting with incredible economies of scale. columbus has lower construction costs but lower exit. we focus on urban core. my best suggestion is look at urban not suburban for higher valuations. you can't control what new construction appraises at so do it in less risky areas. 

I know there is tons of animosity toward Zillow but its still a tool and I use it with a grain of salt just like a baseline glance, I don't have access to the MLS so I don't have up to info up to date but hey we work with what we got.  

I'm tired of wasting so much time on dead leads.. does anyone have a good way to get decent leads of high motivated sellers?