It's going to be older/neglected real estate, so the sellers will generally go along with it if it helps get the house sold.Example:Identified a below-grade un-permitted basement bathroom with a jenky pump lifting the toilet waist up to ground level and into the sewer system that was all sorts of a hot mess, no way anything about that bathroom is up to code. 

Loan Info: Owner is carrying note for $285,000 and I'm putting 50K down. 15 year loan @ 4.35% -- W/Tax, ins, ect -- my payment is @ $2150/MO.The 2 BD/1BR's rent for $600 for upper and $500 for lower (although they are the exact same layouts).

I'm interested in your input regarding areas with higher levels of real estate activity now or in the future, or areas that are conducive in general for real estate sales agents to focus on. 

It is already priced lower than similar homes in that area.

Unfortunately we do not work in the mobile home park space; it is not desirable enough for us.There will be a lot of people here who are more advanced than I am personally, but are not at the level of my firm professionally... it's a HUGE gap. ;)

When I speak of using alternative building methods, I don't really feel compelled to maintain the current aesthetic level or identity associated with the concept.This is the main reason I want to go with the cookie cutter approach to building these.  

(www.realestateexpress.com) I'm in Southern California also (Pasadena) so my road to licensure includes three 45hr college level pre-license online classes (California Real Estate Principles, California Real Estate Practice, and California Real Estate Finance).

Real estate is one of the last great free-market environments. everything is negotiable, and some providers are better than others, meaning they offer more complete/sophisticated service and response, wider marketing exposure, etc.I compete routinely against both higher than 5% and lower than 10% management rates and anywhere from one month's rent for a leasing fee, to half that. 

This value is higher if you are married.3) What is your income level?

Not that I expect to have to use it, I've never had a tenant even come close to me evicting them, but I want to be prepared in case I get someone that is very difficult but manages to not rise to the level of being evicted for just cause.