These neighborhoods have had favorable zoning for a number of years and development usually follows the path of least resistance.Keep in mind prohibitive zoning is a leading barrier of entry and is usually why neighborhoods lack new supply even when the underlying fundamentals and demand are strong. 

Clean the place up, then rent it at market rate to tenants that know how to maintain a home.Any time you have a lease violation, you should follow a simple process.

Comps around the area are the following: 1) 4246 Costello Ave sold for $2,395,0002) 4212 Costello Ave sold for $2.5M3) 13836 Davana Ter sold for $3.5M (5,400 sqft)4) 4238 Murietta Ave pending for $2,685,0005) 4245 Colbath Ave pending for $2.7M

In addition, several items can be done simultaneously (I highly recommend this to save time as time is your enemy) such as doing the exterior siding or stucco at the same time interior rough electrical and plumbing is going on.Foundation is always first and rough framing follows that (which includes windows and exterior doors).

Following off of what Ryan said, if you have those B/B+ neighborhoods that is huge for section 8 renters.

They all have to follow the rules.

A pro is sometimes you can apply your commission to your deals when buying as well as save a little when you're selling.A good instagram account to follow to give you an idea of the lifestyle of the vast majority of agents that are not investor friendly agents is @thebrokeagent - https://www.instagram.com/thebrokeagent/ 

Just to follow up - We put in an offer close to asking.  

This prevents a prospective tenant from re-using that same code at a later time or date.It's a trusted, efficient, and proven process that significantly reduces the cost of overhead.Since 2019, through our platform we've scheduled over 160,800+ showings and placed over 6,700 tenants for our landlords.

I keep your contact and I'll follow you on IG!!