You're not looking at ROI or cash flow versus the unexpected assessments.  

http://sdat.resiusa.org/RealProperty/Pages/default...state assessment site.... baltimore city takes a little while to record sales!

I realize that San Diego is not ideal for starting out, and I don't have very deep pockets but trying to do a pros/cons and assessment of my options:Here's what I've come up with:1.

If they refuse to pay and I refuse to pay will it somehow come back to me as an assessment etc? 

and I've found it to be the most comprehensive, balanced educational material I've come across. 

I want to share this new website that is currently in the beginning stages.Create is a website that pools together data from local government codes, tax assessments, surveys, and planning.

My numbers above are based on the tax assessment, which isn't perfect but doesn't materially steer the scope of the conversation. 1/2 acre lots in prime areas are in the 400-600K range (maybe 1.5-3M on the water), many of these have 1930's houses on them that might appraise at $200K. 

Another thing to keep in mind is that skilled contractors should be spending more time on the job as John mentioned and not at Home Depot each looking for materials they should already have after doing a good assessment on the job scope.I don't necessarily suggest paying top dollar for extremely high end work in a low end area, I just don't think it is smart to go out of our way to underpay.

Hi @Robertto Rickards,Putting aside that if you want to wholesale, you need to find a way to find your own deals rather than going through an real estate agent and the fact that you should not base your assessments of properties on information you get from the person trying to sell you the property, here is some of the information you should look at:What do similar properties sell for?

They have calculators for you to assess profitability for flipping versus holding.