We should start following the lead of countries like Germany that don't view private property ownership as a RIGHT.

Just to begin gaining some kind of experience I plan to call the seller this eve to see if it's still available and to see if I can view it over the weekend. 

I think I provide a more realistic view to most who are considering it than the people who built up a big portfolio before taking the leap.What were you doing before, and what do you do now (professionally)?

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".