I too came from Los Angels, Downtown specifically.

You can value these homes on a blue-book or GRM (gross rent multiplier) but definitely do not cap their income. 

Also, How do you tell the real difference in a Blue Collar Neighborhood vs a Ghetto?

Lender LTV Granite State CU 90-100 Workers Credit Union 100 Gfa Federal Credit Union 100 Bellwether Comm CU 100 Evergreen Direct 100 Union Pacific Streamliner FCU 100 Signature Federal Credit Union 100 Triangle Credit Union 100 Central One Federal Credit Union 100 Webster First Federal Credit Union 100 Eastern Bank 100 Palisades Credit Union 100 Orion FCU 100 Andigo 90 coastal heritage bank 90 PeoplesBank 90 Alliant Credit Union 90 Altra FCU 90 Umassfive College Federal Credit Union 90 td bank 90 Avidia Bank 90 PenFed 90 Usalliance 90 Granite State CU 90 MIT FCU 90 BMO harris Freedom credit union blue water RI Credit Union American Eagle CU Elements Fincial SDFCU

@Angel Velazquez Welcome!

The target market i'm thinking of is in a rural area about 70 miles north of Los Angeles where 3 bed 2 bed single family homes are typically priced about 250-300k.

It's saved me at shows a couple of times when an amp started acting up:https://www.sweetwater.com/store/detail/ParaDriverV2--tech-21-sansamp-para-driver-v2-diI also have a Boss Blues Driver in the mix and a Danelectro Daddy-O (the older heavy, metal pedals not the new junk).

For example, I just checked out "Los Angeles Housing, Rooms, Apartments, Sublets" - seems legit

Sometimes I have found that you can read books and blogs until you are blue in the face.

Hello BiggerPockets family,It's been couple of years since I wrote my first post (https://www.biggerpockets.com/forums/223/topics/575632-closed-my-first-house-hacking-deal-in-los-angeles-la-part-1?