In Venice, my old rental just came on the market..It was previously $4500/month and asking $6500. lol Coastal California in particular (or anywhere on the Pacific Ocean - including Mexico) has become increasingly unattainable for most investors or retirees.

People who go to Mexico and have money can choose where they go and they go mostly to the Pacific side.

Did you have a Federal Pacific box? 

In the five years I've been focused on vacation rentals on the Oregon Coast, primarily from Bandon north through Pacific City, at present there are more existing and eligible vacation rentals than in recent memory.

Here are some that I'm aware of:- Galvanized pipes - typically 40-50 useful life, could rust from the inside out, could get eventual pipe failure- Zinsco or Fed Pacific electric panels w/ aluminum wiring that could be a major fire hazard- Wiring in general (e.g. knob and tube)- Asbestos in the walls- Lead paint- Heating system - boiler?

Sometimes a deal can be slightly negative because you're living there as a house hack now that is a different story because you might "know," that when you move out it will be positive or positive after you raise rents and move out (lets say its a fourplex 4 flat for Chicago folks, and 4plex for us west coasters).In this case, it might be lucrative because in this example you control the "move/out," and conversion from negative cashflow to a positive cashflow scenario so the future potential is definitive versus some hope and prayer that you will someday cashflow (smoking hopeium so to speak).I've also seen some buy negatively cashflow properties here in Seattle PNW (pacific northwest) areas even after they move out (its still negatively cashflowing), but the aim was to build ADU or accessory dewelling units in the back and that eventual exit strategy would yield positive cashflow eventually.

I know a company at of Pacific Northwest that has some as well but not a ton.

I just spoke with a bank here in the Pacific Northwest that does a 20 year term and has a fixed interest rate for the 20 years.

The situation was even worse, since it was a live-in situation; as I was renting a room out on Airbnb (real-life Pacific Heights experience).This has cautioned me from ever renting out a property again when laws like this exist.

If you follow the US-Canada border west, it's a straight line until it hits the Pacific, where it hooks down to accommodate the southern tip of Vancouver Island.