This combined with minimum footage for a bedroom means many lofts do not quality in CA as a bedroomDifferent states will have different requirements for what constitutes a bedroom.  

This time I found a property with two houses on a piece of land with a combined square footage of over 3200.

Or the houses are in the deep Hoods of America and for sure beat to crap.

I’m not gonna pay someone an hours wage to tighten down a toilet bolt or literally snap a cap on bolts or change 3 light bulbs I could do all that in less than ten minutes combined.

The combined revenue as LTRs, however, would be about $3000/month.

If you want to be completely self-sufficient, you're willing to build an Earthbag home or another building that can be earthquake proofed but can still be run without public utilities, you can spend a ton of money on a well and can have that well water processed to remove contaminated mine crap, you have a great off-road vehicle and you can figure out how to deal with the flooding without redirecting that water onto someone else's land then you can definitely live there.If it's an Investment you're after, give that up.

This is going to be a combination of agents, financers, property managers, ect. who are going to do the day to day tasks of finding and managing the property for you.

If you're going to owner occupy and and want to benefit from some rental income then I'd go for it, but if you're looking for some combination of appreciation and cash flow there are better places to put your cash.

Over a 25 year time frame the combination of the location and the house will grow faster than other properties, due to location/location. 

The list is a combination of private and public data.