Interesting thread and I'm actually following all the logic in @Dave Foster's post so I must be learning! 

@Kevin Polite I'm hoping they'll include the Apartments.com postings as a part of our listings similar to the Realtor.com and Doorsteps postings, the more connected listings the less work doing them separately. 

You need to do the analysis cash flow using tool, photos. down payment, interest rate, neighborhood type, condition like every deal posted. 

For now, I would suggest looking up some of the postings on the subject from me and a number of others referring to Sandwich Lease Options.

As a follow-up to my own post, this is the verbiage I'd developed, which others can comment on:The increase in value of Separate Property, regardless of whether such increase or decrease is due in whole or in part to the direct or indirect contributions of either party and whether such increase is passive or active.

Originally posted by @Aaron Klatt:@Bosko Mijatovic This is probably not the ideal strategy, permits in CA are a nightmare and if you don't do it right or try to do it cheap you will just destroy the value of your property. 

*this post does not create an attorney client or cpa client relationship.

@Ahmad Fadhil  It's been 6 months since you posted. 

Originally posted by @Karen Rittenhouse:@Erica Rome At this point, you need a real estate attorney to keep you on track.He'd have a power-of-attorney from his wife in order to sign contracts for her.

I apologize if this is a pedestrian post, but im wondering if im analyzing this properly, should just wait to buy a better deal OR if i'm hesitant  and scared just being an out of state investor.For what it's worth, I am an active realtor in Los Angeles and i have a SFR and Duplex in Michigan that are performing very well.