So here's the numbers:appraised value: $40,000purchase price: $27,000monthly rent: $550, (could have gotten $600, rookie mistake)rehab cost: less than $1,000dimensions: 2BR, 2Ba, Approx. 1,000 sq feetThe unit is already rented to a tenant who passed screening, and seems great thus far.

Anyway, he is willing to sell his duplex with a great view of Downtown LA at a decent discount.  

My issue is that I'm looking to do renovations starting in June 2016 and haven't found a contractor that will reply back.The contractors will either not follow through after I call them to view the property.

Ensure you screen properly, take security deposits and get parental co-signers for anyone who doesn't have a strong rental history.

I screen the hell out of people but maybe I'm just jinxed in that part of town.  

Looking forward to seeing if my views change on this idea.

,Still in the right place, still not working.See the screen shot:Hint:Go to that page, go to "View Source", search for "location".

I'd like to bring in a few general contractors to view the property to get some repair estimates.  

Do you typically pay the PM for posting an ad and interviewing/screening potential tenants? 

(Below is a list of phone numbers forMembers of the Assembly representing the Southland)http://findyourrep.legislature.ca.gov----------------------------------------------------------------------------------------------------------------------Why we are OPPOSED to AB 2819 and request a NO VOTE:Under California's unlawful detainer (UD) "masking" law," UD court filings are hidden from public view for 60 days following the initial court filing, and then are unmasked.