Here is a Env Hazard search map by CA.Cal MyHazards - Environmental Hazards Search.

Every additional dollar of equity in your primary deteriorates your ROE.I understand there's an emotional component here.

That might be ehh ok, CA has too many fees on environmental.

I want to know what the current condition and useable life expectancy of all major components and appliances are.  

I was told that frankford is a good neighborhood because the prices are still low as its not yet filled with investors and there is the appreciation component

We're putting in mid-to-high grade components and are appealing to a younger buyer (newlyweds with child coming in the next year or so) and quartz seemed more targeted to a younger demographic. 

Review and approval of the documentation concerning the property; Completion of satisfactory physical and environmental inspections of the Property; including suite inspections.Completion of satisfactory due diligence search and examinations;Satisfactory review of the title of the Property;Satisfactory first mortgage financing being arranged for the purchase of the Property;Satisfactory second mortgage being provided by the Vendor for the purchase of the Property;7.

I find that breaking a project into components helps to visualize what i need and what I might need if something unexpected pops up.

If you are factoring properties into your comps that weren't sold for FMV then you comps will be skewed in a way that isn't giving that area a fair picture of what you or your rehabber can sell a house for IF it is properly marketed and advertised.Now when you're dealing with rental property comps are one component but many times other factors are more important to a rental property investor (i.e. possible cash flow & ROI, gross rent multipliers, or other "magic" numbers).

Hi Mike,You're not going to learn as much as you need to know about this through forum questions.It's a fairly large body of knowledge, and it's a key component of the deal.But to get you started on this, you can research "key principle" + Fannie Mae.To answer your question, the debt will most likely be non-recourse except under certain circumstances where it will not be to the syndicator.They don't hand these loans out like consumer loans though, you need to have a certain net worth and experience requirement or partner with someone who does that will be actively running the investment with you.