It would be an interesting list for out-of-state investors as well as these tax codes are effectively discouraging investment.

That Zip code isn't considered West Sacramento.

But I could be wrong, just keep looking and if you aren't finding hits in Atlanta then google search "poorest zip code in Georgia" and find out who lends there.

Do you know what the code requires for smoke detectors, CO2, egress windows, deadbolts, etc?

Well, I think there should be legislation passed to stop that, or if it's not legal, the codes should be enforced.

Health and Safety Code Section 11571.1; California Landlord-Tenant Practice, Section 3.7 (Cal.

You need Tax, Flood Zone, Property Code enforcement, Sherriff, Evictions, Collections, Closing Attorney, Litigation Attorney, Rent Collection, ... collect forms like applications, property inspections, etc.4) STUDY:  Know these things Insurance Company, how much for deductible, difference between ACV and RC, and how long can they be vacant? 

I did try a few that was listed on bigger pockets but some are not interested in lending in my zip codes that I do investing in, others maybe don't like to lend under 100k as  they just never get back to me.   

However, I stumbled on an excellent article outlining these requirements from a tax code and tax court perspective (http://www.forbes.com/sites/anthonynitti/2014/07/09/tax-geek-tuesday-the-irs-finally-figures-out-the-real-estate-professional-rules/#699c23d84760) and it has led to a question or series of questions that I would like to pose to the community as I want this to be airtight.

There are all kinds of options in Memphis that can allow you to remain passive and avoid some higher priced homes. 38117 & 38119 are great zip codes in Memphis to buy, fix up and flip!