Hi,I was wondering if anyone has a recommendation for a contractor who can do installation of an acrylic bath/shower in San Diego (near downtown).

Most assuredly you did not include capital expenses. 24 water heaters that cost $600 installed and last 10 years are costing $1440 a year.

Also, what kind of flooring did you install?  

The replacement cost was $300 installed.

This percentage varies based on buyer and market but it could be 20%-33% in my opinion but that may or may not include the site improvements (roads, infrastructure ) already being installed and in place.After doing all of this THEN you can come up with a reasonable valuation for the dirt...This is just my opinion and experience and others may tell you different but it's just another perspective....

@Jonathan C.If it is free and clear look at buying it on installment sale, private first with payments and a balloon in 3 years, to be traditionally financed.See a mortgage originator about your credit, income and debt, and get that in a letter for the seller.Offer full price with all payments subtract3ed from principal balance.Offer lowest interest re imputed interest table from IRSSee http://estateplanninginfoblog.com/2011/11/lending-...House hacking is okay, but have some savings in case roommates do not pay. :)@Bill G.

In Colorado we have Swamp Coolers installed on MH's and that is the main spot where the leak.  

The improved condo (install wood floors, upgrade appliances) will sell "fast" at $135K and rehab costs should be about $10K (combination of sweat and hired). 

That number may be possible if they're paying a tax installment for you, but it's hard to say without seeing what the itemization is.

Outside of buy and hold, If you are a Creative Real Estate Investor, looking at sub2, wraps, lease options, master lease options, installment sales, etc, having a license to help low equity deal sellers I think is a good idea.Also to show properties to Lease to Own Buyers being licensed is good too, staying out of hot water "acting as an agent".