The violence we've seen today is not suddenly appearing out of nowhere. 

the COASTAL rents are high as they should be for the luxury of coastal living, but of course not as high as upscale coastal neighborhood rents, and there are still pockets of coastal socal that are terribly transient/run down like well, compton, for example although new construction buildings tout luxury and are doing their part in raising compton's appearance of living.what is happening though is less and less people are qualifying for mortgages (less and less ppl are saving!)

It doesn't appear that there is enough margin to wholesale the deal but wholesaling is not what I do.

The homes appear to be at end-of-life. 

Since it appears your father and you are close how about the two of you have quality time by driving to an area he may consider investing in, park, and go for a walk.

Rents appear to be below market, so may be some room to raise rents over next year depending on property condition.

It appears you guys are doing quality work on the rehab! 

the 2nd association it resonates is the highly consumption-driven society we live in. in my area (coastal, urban southern california) i'm surrounded by 2 distinct lifestyles. there's the majority: seems like 95% of the local population who are renters, driving luxury cars, sporting fancy clothes, jewelry, hairdos, etc but obviously living paycheck to paycheck as exemplified by hardly a day somebody or the other is spotted  getting their car repo'ed by a camera crew. the rarer are the landlords, who in this area seem to be of mostly asian demographics (chinese, koreans, japanese) who live obviously very frugally: old 80s model sedan, oldfashion business cloths, always eating simple meal from home, seemingly never splurging $$$ other than into expanding their portfolio), my observance is relatively very few landlords in the area own relatively huge portfolios, each.with the advent of these infomercials and the internet (ie, BP) more and more people want to get a 'piece of the REI pie' and more power to them. there does seem to be this dream of rags to riches and while its ok to dream, do most people actually expect their life to turn around like that, as portrayed in most of the infomercials or even in the everyday setting where the masses living paycheck to paycheck, are spending their last expendable dollars not on depositing into savings acount, but blowing $20 on scratchies etc. in summary, is my observation reminds me of my days when i worked on wall st and the 'ra trace' was so obvious with dime a dozen stock brokers makin 6fig salaries at some point but blowing it on recreational drugs apparently costing thousands of dollars a pop to the point the next week they are broke again and that $ wasnt invested but wasted.  

It appears that the current easement rights are based on a verbal agreement between the two secured by their kinship relationship only.

Your house  is only 1 bedroom apartments so it appears that your town  must rank better then Bristol?