The age is part of the local neighborhood quality without degrading the asset to an inferior condition.Here is a discussion on MFR asset classes...it gives aome key points for what makes up the quality of an asset:https://www.biggerpockets.com/forums/311/topics/797178-multi...

I'm a fast learner and highly motivated to soak up all the knowledge I can. 

zonesage.com is a quality option.

I am not in LA, but since it has been two days with no local answers for you, I have some tipsWhat you want is a high volume landlord tenant attorney.

Did you do a Listsource grab of properties with high equity or you had another way to coming to that conclusion?

I would just hire a quality general contractor, for example we have weekly updates via company cam photo and video documentation.

Below is my high level numbers -Property cost: 500k - 600k, Rehab cost - 100k - 150k, so total project cost: 600k - 750k.Please let me know your thoughts. 

(square footage, facing direction, driveway position, quality of finishings etc). 

In the cities that I would like to live in, the prices are pretty high and most house hacks would be difficult to come close to cash flowing even with all units tenant occupied if I use my 0% down VA Loan.

Low inventory, high demand.