Had a tenant sign the lease and send the move-in fee and 1st month's rent then start asking a bunch of super high-maintenance questions.

I had high tenant turnover.

One of our tenants had a higher water bill due to the leak that has happened because of water heater failure. Who is responsible for the water bill according to NC Landlord Tenant laws. Is it Landlord or tenant? 

I'm highly interested in learning about Wholesaling, Rebuilding and Renting.

The high school sits right on this road and so do all the big box stores and restaurants.

The cure to these high interest rates is high cap rates, or higher down.

I would highly take his advice on a lot of this.  

Taxes can be high depending on what you do with the property after it's built. 

"The bidding starts at <60% FMV>"4) After you get some bids on Sunday and the open house is over, you start going through the bidder list and calling everyone bu the highest bidder offering them to outbid the highest bidder.5) You repeat step #4 until you bid up the price as high as you can.6) Meet with highest bidder and take a non-refundable deposit (specify this as a "condition" of the bid auction). 7) Close.The idea here is if the highest bidder flakes out, you still have a list of other bidders, everyone just $500 or so lower than the highest bidder.

I own real estate outside of CA, both in the country and internationally but have chosen to rent in Hermosa Beach due to the high cost to buy a home in coastal southern California.The apartment complex I live in was bought April 1st by an private equity company who gave all the residents a 60 day notice to vacate so they could due a total rehab.