The other 3 units need some touch-ups in order to raise rent, to include flooring in the kitchen and bathroom, a deep cleaning, interior paint, and possibly new appliances in the kitchen.

Before you get too depressed, just also realize that ........As others are pointing out, there are other areas of the country where you can find the 1% rule all day long....midwestEven in the areas of the East Bay I am talking about property values have appreciated....I know of people that bought in deep East Oakland 3 years ago that have had their properties appraise for 24-28% more than what they bought them for and they made zero improvements.

Finally, CitiGroup's deep legal talent is reserved for their pressing needs. 

I am trying to reduce the risk involved in having the condo completely vacant.I have been listening to the BP podcast religiously, read rich dad poor dad, notes are 10 plus pages deep, and have been analyzing a few properties in my spare time.I am looking to build a relationship with a realtor, broker, and or wholesaler in the Murrieta Temecula area to make my first purchase a reality.

Take a breath, if you've never dealt with that amount of money before just wait at least a month or two before charging at windmills. 

Good point for you to point that out.Joe you’re deep :) I know what a first, second etc is:) you have a way with words. 

@Danni Catambay I would start with diving deep into a podcast by a guy named Chris Guillebeau, it's called side hustle school.

If the portfolio has that much potential, I would follow the bloodline as deep/wide as necessary. 

Sean is an excellent resource and has numerous youtube videos where he goes deep into contract language. 

An underground leak would likely be visible on the surface as water lines aren't usually buried that deep.