This Councilwoman says landlords are “raking in cash “ .. in Oakland where cap rates are super low these days .. if one can cash flow at all ..

If my low ball offer is accepted, and I end up spending a total of $5-7,000 (adding in extra for labor and any surprises)  on repairs, with an estimated monthly income of $650-700 in rent, and yearly taxes at around $1,000 I'm estimating I could make a pretty decent profit, according to my math it would pay itself off in less than 3 years.

Based on what I see on the report, you seem to be low with vacancy, capex, repairs, and management.

Owners with Low Financial Stability Scores is one.

I appreciate you sharing this because while I specialize in financing for self employed investors whose tax returns don't qualify them for conventional financing, I'm always looking to build relationships with great local banks so that I can build my business in that direction too. 

Our annual transactions as a company for buyers/listings in real estate are low (2-5 deals per year) by most standards in real estate.

That area is close to the bases and has lower cost properties, but vacancies would remain low as long as we have all these bases in town! 

They aren't necessarily in the most prominent rental market, but I'm yet to have a vacancy in 5 years.I like the condos vs sfr because they are really low maintenance for me as a self manager.

Super low balls are very difficult to get accepted in today's market unless you find uninformed sellers off market.

A nice long low interest mortgage.