You can search for your zip code on the BP search function and see all the members in your area.

You do need an end-buyer to wholesale these via double closing which implies you need a robust buyers list.

Functioning hvac systems, electrical and plumbing.

I can give myself a functioning salary without the temptation of bleeding the account dry because of the double taxation.

If the units aren't finished well or functional you are likely going to have a lot of turnover. 3. 

We only use a few functions and probably could use it for more potential streamline. 

However, if I could spend $300k or less for a new roof over the second floor and repair lower units(flooring, painting, and potentially some drywall) then this project becomes a lot lest risky and still shows a similar financial upside.The plan is that to buy the property with a valuation for 23 units that are functional and renting.

Find a planner that has worked in that city before or in Pasadena or Monterrey Park as they all function the same way...eg landscape sprinklers required but in LA are not.

Preferred equity can function a lot like debt if it is structured properly.  

Since the A/C system can likely not function without the compressor in operating condition, replacing the compressor is considered a "restoration" of the A/C unit and material to the A/C system.