*Pulls hair out*With that being said, has anyone had experience with renting older (1970's-1980's era) homes?

My parents live on a busy street and had 1950's era single pain glass windows.

I agree that the Neighborhoods are funky, at least the ones constructed around the 30-50's era. 

I have some 1990's era stoves (even a 1980s or two) still doing fine... 

I really don't like investing in pre 1990's era condos.

What language or lingo did county assessor’s use to describe detached secondary living units with bathrooms in the 1950’s/1960’s in California? Would the unit have been described as a Granny unit, Granny flat, bungalo...

We need to make a return to the 50's era when we were building the 3 bedroom, 2 bath, 1 car garage starter home.

It will become a long term rental and will probably rent for $850-$900 (1950's era house)

I've seen some where the studs were literally collapsing into a powder from rot.The last one we did was an old 60's era cast iron tub that we had refinished several times (about $280/treatment) but it peeled.

The 1031 positions the investor into a property that the REIT absorbs as @Joe Sera said in the 721 conversion.