Typically, we demo all the drywall to take a peek behind to ensure insulation is up to code anyway, but I can understand as this a 70s house, therefore you may be fine. 

UNLESS your willing to pay recapture.. you will always have to roll into the next deal via 1031 ( as long as that stays in the tax code and it made it through the last change ).. other wise if you go to exit recapture is going to take a Very big chunk of what ever you made in cash flow plus your non appreciating asset will cost you money to sell there by taking  a loss.Whereas, if you have the 500k tax free buying GREAT performing notes could be a good option stock market other investments that just throw off cash flow.. 500k in great notes will bring you in 40 to 60k a year with NO tenant or management issues and NO recapture to worry about.. so there are more than just rentals to think about.But if your like many I see on BP whose goal is to buy and hold FOREVER and then hand it all down at stepped up basis to Heirs I like that play as well.. but the reality of life given divorce rates and just plain life is that most never actually do that most have to exit at some point and then that recapture is a beotch.. to me its front and center I sold all my rentals in the last 2 years and it cost me over 6 figures to do that in tax's ( recapture) so I made zero on all that cash flow for all those years having to give it all back.. :)  I also though have significant amount of notes and will continue to add those ..

I buy property from the 1880-1920 all the time and don't have to deal with anything other than brining them up to modern code...but in my locale, that's only required if you start doing work...ie if I don't touch the electrical I don't have to worry about upgrading it, but as soon as I touch it...BAM!

I'm also looking for rentals in those 2 places too, any zip codes that are still decent returns on cash flow, no rehabs and under 100K in general, any info you can share would be great.

Does anyone have zip codes or areas to look for and or stay away from?

There were issues with termites, the electric was really not up to code, the HVAC was complete trash, there was mold, and the inspector had doubts about the health of the roof because he couldn't get into the attic to inspect it because it had been sealed off apparently for who knows what reason.

they don't want the docs altered etc.. 

Has anyone used QR Codes on any of their marketing material?

If there are any specific chapters or time codes that felt a little off, please email [email protected] and let us know!

At best I would describe doing Airbnb in Los Angeles as a "Gray Area" since transient occupancy may be non-permitted for the zone you live in, but there is practically no enforcement of this code so there is little to fear if you keep your Airbnb activity under control.