@William CoetThere are so many factors that go into this including location, asset class, true operator experience, amount of debt financing….Recently we have seen deals where $100k turned into a $98k loss and where $100k had a 1.8x multiple.

First time question but have been helped many times with the great advice found on this website.My Mother's house is located in San Diego, CA.

The location and quality of the community will be very important if your goal is long term value.

Located in San Diego, CA.

Does it actually need to be fixed prior to purchasing the property?

The details: Located in California, Los Angeles county.Held in a trustThe home is the only real asset in the trust.Small mortgage, about $50,000 owed.

Perfect location for our group investors.

You can contact the assessor office where your subject property located. 

You can’t do any inspections prior to paying?

Some units bring in $700/month after expenses and others bring in $300 depending on the location.