You would obviously want a rainy day fund for expenses, but if you buy 3 units and someone rips one completely apart, you're ruined, versus buying 10 and the rest can support you as you fix the others.Here's the other positive few consider. 

Hi, I very new to this, my partner and I have an accepted offer on a 4plex which needs a complete rehab.  He is the number cruncher and I am the capital.  He says it looks good with a 10% CoC 12% cap rate.  Are these ...

So we present one analysis that takes into account as many realistic risk factors as possible & is back it up with supporting data with references.

It doesn’t cost the seller anything to do this, except the property has to appraise to support the $250k

Every landlord in CA needs to join CAA and support the organization with money to help advocate.

As the others have stated, a 3rd party bank hired Appraiser would most likely utilize the Income Approach with secondary support from the Sales Comparasion Approach.

If you aren't able to find things online, you could certainly contact the specific building/inspections departments of the cities in which you're buying, and they can likely share pertinent information.Keep in mind, some cities don't even require TISH inspecitons at the time of sale, and most properties will have plenty of minor code violations regardless (I've seen numerous TISH reports miss things as easy as smoke detector requirements).I don't have any good ideas on the high-equity absentee owner lists - someone working full-time on the buying side would be better suited for that question.Good luck!

But it still goes back to making sure there's enough sales activity to support pulling the trigger. 

Do the comps support a $143k number?

I know it can be tough staying on track without the support and accountability you have in an organization.