Is this standard operating procedure?

However, comparable sale is typically not what we look at when underwriting income producing properties.

But, through efficient property management and financial discipline, we improved the property's operation so it produces enough cashflow, which we then used to improve the apartment unit finishes.

My short term goal is to buy two rental properties in the next 18 months and my long term goal is to have income producing properties generating $10,000 per month in passive income by the time I'm 40.

Over the past 22 months I have completed several Southern California fix and flips in my spare time and produced a total of about $250K in profit for an average ROI of 50% annual.

There are very few markets that have produced the cash flow of San Diego.  

This procedure will help clean up any 'blurry' property lines you have in the future and will make it much easier for you to sell in the future. 

I've seen some produce as much as 10-15k net cash flow a yr while others are only making a few hundred.

@Michael Ealy well than I guess it makes sense for me to start there, and I know it won’t be producing huge profits, BUT, I am planning on living way below my means and just putting the money back into the properties anyway, and it’s not like I have a family to provide for yet, I’m 16 years old haha

If you are going to bid on foreclosures you should know your state's laws and procedures.