Values have been driven down to the point where replacement values are higher than purchase prices.

As for beds/baths, you can get that from a title report or MLS data (although MLS it is not 100% accurate).

Hey guys,to rent an apartment in my good neighborhood (right next to Balboa park, San Diego), costs: -1bedrrom: 1000-1300$/month (average 1100)-2bedroom: 1300-1950$/month (average 1600)Data taken from www.rentometer.comMy fiance and I were thinking about PURCHASING a condo that we can stay in for 4 years, and then move into a house in a good neighborhood away from the city.

I've driven though the area but I'll really have to check it out.La Quinta doesn't have too many duplexes.

I'm lucky in that my local RE data service has up to date comps and includes all sales.

When I challenged the appraisal with legitimate, relevant data the appraiser missed, the process went out like this: Bank goes to the same moron appraiser with information, asks appraiser to reconsider.

Property management is sue happy.E and O insurance carriers charge money with policies based on data they have learned over time just like car insurance.Usually when tenants and owners have an argument the attorneys say let's go after the property manager.Property management doesn't pay much,is a huge headache,and is sue happy.E and O knows PM is the highest form of litigation claims coupled with construction projects.When a broker sets up a PM company they are smart to keep a separate company so if sued they can shut it down without affecting the regular brokerage or their other assets.

You'd need more data to determine the actual effect of -200 sf and -1 half bath.Comp 2 is several months old and the square footage doesn't easily reconcile with the number of beds/baths.

MLS.You'll need to either be an agent to get access or have an agent to pull data for you.

I didn't want to jump the gun and purchase the fist deal that came across my desk.I found the deal using standard marketing techniques, (mailing to owners using tax record data, the only difference being I don't send yellow letters- I think that is overdone by investors and therefore can be a turnoff to more experienced sellers.