If allowed, it would be an Alteration Type 1 which will take a decent amount of time to get through the system. 

I feel like I should be in a Ted Lasso episode :)@Ryan Yu, Like @Russell Brazil said, the 1031 exchange is the sale of any type of investment real estate anywhere in the country. 

Does anyone have any thoughts about this asset type?

Can you help and clarify what type of insurance I should have?

The owner lives a few hours away and is selling off most of her rentals but this one is too much for her to deal with any more being so far off and it being a lower class type community, she claimed the tenants are all loyal bill payers even through covid.

To add to the great suggestions, if you're finding the L.A. market souring and you have any equity in those investments you've already established, it may be in your best interest to liquidate at some point to move your capital to a more profitable location or another type of investment.

What made you interested in investing in this type of deal?

This can help give you an idea of what what type of rate you could get for your house.It's also a plus that your close to Randolph AFB too. 

There are dozens of those types of programs out there.  

I come from a jurisdiction where you claim can be declined if you fail to show proof of tenant screening documentation especially for property damage by the tenant.