The county has it assessed at 104k which makes it tougher to get people to talk about 165.  

Taxes and Assessments.

you're going to get a dozen different answers to these questions because it depends on your long term goals and risk tolerance.

Some of the nearby neighborhoods have assessments under $10,000, but the homes are past the end of their economic life.

Also the BP Podcast is fantastic as well, with dozens of interviews with flippers.

@Johnathan Boyle yes, I was surprised with the low taxes as well. looks like they might have grand fathered assessment from years ago.

There are a million people doing it, and a dozen TV shows glorifying it.  

Whether it’s getting your first flip down, wholesale deal or rental property, choose only one, see it through and then assess if you’d like to make any adjustments from there. 

Title companies bribe loan officers and real estate agents with unlimited access to this information.Here's the White House, just for kicks: http://imgur.com/3sH1Ond It has a tax assessed value of $995,002,000, no tax bill due, no liens, and the automated software wasn't able to find any comps (lol).

I wholesale a few dozen houses a year around SoCal.