Russell-just for my clarification--you say there is a need for 2-4 unit properties--and not to focus on multi-family.

Please don't hesitate to reach out if you have any questions or clarifications.

Thanks for the clarification though that we are responsible.

There's so much information available about real estate that's attainable for FREE!!

For anybody who does not know the Oakland market, an empty building is a HUGE plus and 1% might be attainable after renovations.What is different about this purchase for me, is that I have stepped out of my comfort zone and partnered up with a fellow BP'er on this deal. 

Shane Woods, gotcha thanks for the clarification.

I'll keep that clarification of the 50% rule in mind.

I was unable to see any clarification from the above site.

Call the planning or assessor department and get clarification. 

Aspects will be influenced greatly by how quickly money was attained and the age of the person.