Actually, this doesn’t sound that bad. What would this place rent for? $2500/month maybe? With enough down I would think this place could pencil out ok. I may have a skewed idea of rents living up here in LA though. Would like to hear what some of the RE professionals on this board think of this one.

(By the way GunDoctor, would you happen to be a Gunsmith? I was one of those myself once before I became a people doctor)