If you find an opportunity with a stable 8% IRR over 5 years and you expect 1% from a savings account, 6%-8% from public equity investments, or 3% from a 5-year government debt security, the relative qualities of the alternatives should help you understand whether your opportunity is good, average, or poor.  

But the other is the variance requires up-zoning, public hearings, local zoning board vote, and a very vocal local home owners association is adamantly opposed, so it's money wasted.Now, what are the legacy issues.

It's really important that you solve the problem because its regulated by your state board of public health and U.S.

Public auctions are even worse as people get "caught up" and bid way over market price. 

Agents/Brokers like myself wholesale MLS properties all the time to other agents as well as the public. 

Since you also refer to an auction, if this is a public administrator's auction (Los Angeles County) then there will likely be plenty of cash bidders.

Plus, you'll have access to information that the general public do not.

Hi Shaun,If you want to talk about the opportunity I have available- public@czerveny.com

@Siddharth Shastri, Thanks for letting me know that you can't open the PDF, I thought it was set to public. 

Charge for that, plus labor, transport, installation, etc.I've hung a million (well, it seems like that many!)