since you are in california, maybe you can call the people that license realtors and ask them. i would love to hear what they say. 

Therefore, if your has the equivalent of what we call Full IAEA  Power (in California) avoids cumbersome court confirmation.If court confirmation is required, your offer may be subject to overbidding by competing buyers.

Refer to the California Department of Consumer's Affairs guidelines for the security deposit.http://www.dca.ca.gov/publications/landlordbook/se...

Bruce is considered the oracle of real estate for us CA investors. 

I live in CA, and have my property tax statement mailed to my home address here.  

I don't know about Texas but in California where I live In have this HVAC guy I have used for years and the typical cost for an complete AC/ heater unit including all the duct and registers comes in about between $4K to $5K.

That is why the 65 unit facility is relatively cheap compared to something similar say in California.  

The OP is in California.

I've noticed that a bunch of obviously investor owned properties have been dumped on the market in my local area.  Concord, Pleasant Hill, Martinez, Pittsburgh, Antioch.  Volume shot up from near non-existent.  Also n...

Nevada, Utah, Arizona and SE California are also great places for buying unwanted land.This might be a great place to start on a really tight budget or a great place to start if you have bigger pockets than the rest of us.Good luck, friend.