50% rule is purely for running quick analysis.

There are some deep principle thoughts in there that are pure gold. 

It hasn't sold purely because the owners live 5 hours away and are trying to sell in FSBO and the pictures online are still from when his 90 year old parents lived there with ancient furniture and decor. it makes a 2010 house look like its from the 60's.Again, I really appreciate your time to give me your two cents.Rental Income (1400 monthly)Less: Operating expense ($1786 taxes/insurance, 6%vacancy, water, trash, repairs, capex)Less: Mortgage payments (0% interest $850 monthly)CashFlow$16800- 5064-10200+1536

Is this purely a So-cal phenomenon or do Twinhomes appreciate in other markets as well?

But, for its as-is numbers, I reckon $470k (generating just 0.85%/m gross income) is paying too much, from a pure numbers perspective - because there are PLENTY of properties (around the country) that'll easily get you 1%+ per month as-is! 

I also come from a purely engineering background, but loved REI, so got into it.

Long story: HomeAdvisor.com sent me four high-priced salesmen to push their pure virgin vinyl.

William,Great advice and thanks.I just got back from the viewing and in fact, I created a good first impression to the point that I did show the agent the development I did before and felt could fit on the property I am interested in.Total confidence has been gained from the agent.The property is in trust, so the agent was just chosen purely on their valuation of the property; I have created the incentive that if I get the property, then they have four to sell later.  

Based on my understanding, as long as a person is not on the loan, being on the title itself should not affect his/her ability to obtain financing under Fannie and Freddie guidelines.Ultimately, I don't want you to make a haste decision regarding how to take title to a property and potentially jeopardize your estate planning based purely on information that could be incorrectly relayed to me.

That is pure foolishness!!