I have calculate the home with a comparable market analysis and come up with a value of $190,00.  235,200 +$190,000 =$425,200.  

Pretty low interest rate too compared to the 30.

It makes sense to weigh both of my options and compare rates, fees, cash accessible, etc. right?

Once he has the average cost per category for the 5 categories he's chosen, he'll compare each local category cost to the national average (which I believe he's getting from home advisor possibly a more in-depth service).4) He takes the difference between the local average and the national average, and then averages the difference.

I also used Google Maps 'street view' to pull images of the identified comparable sales. 

GDP growth compared to national provincia(state) and city core.

Each unit has its own carport with a closing gate, Comparables in the area or santa ana for that matter are going for 875 + ( same sq ft and rooms & baths ) 

I met an investor in Orange County who goes straight to the courthouse steps, making it seem like a pretty straightforward process.

The reason I'm considering this, is because I'm planning to purchase a 2nd property, and feel that my current prop mgt company knows more as far as neighborhood, rent potential, repair, etc compared to the regular real estate agent.Any thoughts ? 

I used the comparables available for each year, to price out what a 1500 sqft home (renovated) should sell for at that time.