Because he knew that inside a matter of month's the lower class would run out spending it all on shoes, tv's STUFF, and he sells "STUFF".

I made a point that a realtor tried to tell me that rents would be $2000 monthly, when you’d be hard pressed to get that in Arcadia.

Focus on what you can control.Side note - I walked by a TV with the Cartoon News Network on, and the report said something to the effect of: "Russia, is actually denying that they're intending to invade Ukraine and are saying the west is making up lies."

The guy trying to press the ego button with a comment like "it's only $7500, not a big deal" is also a red flag. 

Let's say the owner is pressed with a time-sensitive matter because they need money asap.I am willing to loan them the money but need collateral so I want to have them transfer the deed.

Thanks Nina I'd call the police back and say yes you want to press charges and have the option of them going to jail. what they did is wrong and they know it.

At higher strata higher interest rates consume purchasing power, and at lower strata due to buyers lowered capacity to purchase more are pressed into lower price points, driving up demand, as well as shifting buyers into delayed purchase ability better known as "renting".    

As die from those 2, break out your magic wands because that's about what it would take as you'd have to LOWER the cost of labor and/or materials by about 30%, to get cost of replacement units down low enough to press pricing down.

(I just play one on TV) Anything in my post are my opinion only based on 25 years of investing including situations like this as well.So CA stuff aside, if you were on title prior to the divorce, you should still be on it.Property cannot be taken from you without due process.  

We will pay off some reno costs, and look for an investment in the better area, restart the depreciation and press on.