Echoing some of the earlier posters I do not see how you could acheive this rehab for $25k, but again this is just from seeing the pictures and knowing what goes into fire/water damaged properties that I have worked on in the past.  

Recent squatter stole electric and water from neighbor - cops threw squatter out last week.

Martin I know how much you love UCLA forecast:) Here is the lastest for East Bay.Published on Jan 28, 2016http://www.allenmatkins.com/uclaThe 2016 Winter/Spring Allen Matkins/UCLA Anderson Forecast Commercial Real Estate Survey signals continued confidence among developers through 2018–indicating both the probability of new supply and of opportunities for new investment.

I am having a difficult time navigating these waters as I do not want her to be taken advantage and I know that this continues to be a major issue especially in Los Angeles county (where we both live).

If the kids had twin box springs and they were not able to fit them in the stairway you could have a nice sized problem on hand with an out of code staircase, as well as now having to inform any new tenants about the inabillity to get box springs into bedrooms.  

There are taxes due of $700 and a water bill due of about $250.  

Colorado Springs multi-family are becoming more and more popular among investors and their prices have gone up over the past year.

IMO I don't look at SFH with under $300 + cash flow and generally multi-units at 350 per door due to higher taxes and insurance cost as well as the added expense of Water utility monthly and higher maintenance.

He gave me the typical MLS sheets that have the MLS number, a picture on the Left Upper corner, and all the details on Taxes, Sq Ft, Flood Zone, Zoning, Heat type, sewer, water, parking, etc, etc and it even has the paper clip link with Deed, Seller Disclosure, maps, additional pictures BUT there is no indication or note of co-broke fee in it. 

In May of 2015 we took advantage of the hot market in Colorado Springs.