However, I think the prices in California will cause us to invest out of state and we will just have to learn how to set up the right systems and processes to deal with issues as they come up.

Invisible issues hurt you the most.

Again, if we’re taking about a non condo multifamily purchase, I have no issues.

What does the permitting process look like?

Relationships with licensed trades may be limited due to a lack of experience, and familiarity with things like permitting, property management, and short-term occupancy taxes could be a hinderance.

Title examiners go back to search tit;e transactions back to the original ownership, unless the particular property is in a particular title insurers title plant, in which case they will only search back to the last time title insurance was issued.  

You never know a person's situation.A couple other reasons why a person would seller fi:1) they have had other offers "fall out" due to any number of issues with financing2)  they have a "unique" property, which may be difficult to sell using institutional financing.

any issues with decks you fix right away. as far as fair pricing goes.. my rule of thumb is unless i know the work being done and have something to reference, always get 3 estimates, no matter what agreed on the flashing. i’d personally say do it. my first rental had a basement flood the first month, so i’m hypersensitive to water and any path it may enter a gmhkmk

It is more volatile, but it has higher appreciation rates because property prices are so much lower compared to the surrounding cities.Did you hear of the water shortage/water rights issue in EPA? 

I am currently working with the city on permits for the move, foundation, and site plan.