With steps to reduce spending those funds will go much further.

Oakland close to public transport is better, but still $3700 rent.

Hi Everyone,We are in contract on a 9 unit MF. While we anticipated some repairs in our offer price, the inspection has revealed some more significant issues with the slate roof (expected) and the brick and chimneys (...

Find an REO agent. 2) Take out any and all contingencies except 10 day inspection period. 3) Focus on price reduced REO listings.

If you and your partner are looking to reduce your personal time investment, Melissa might be able to help you manage that down.

IE high volume they write title insurance  one off hard to get anyone to do it.the only way a CA. state tax sale can be overturned is through court order and the person or entity that lost it has to prove that the public notification was flawed..

I called the local Sherwin-Williams and they have a product for reduced permeability called Resilience but it appears to only be for exterior use. 

Now as far as your "contact", do you offer them a reduced rent or other type of reward for being the one that has to collect the rents?

I've read that you can find leads on local tax assesors websites, probate and inherited properties accessible to the public at probate court offices, or work with an agent who has access to expired listings from MLS.

Plus the public schools in the area are relatively ok so you can get families in which tent to be more stable tenants.