I would want every adult 18 or over named on the lease so that I could have a lease the binds all of those adults to the terms of the lease including rules, terms etc... asking to leave them off the lease is asking them to be exempt from your lease terms as well which doesn't protect you that much...

I am a design / build guy. 

@Jian Guan I’m a Structural Engineer from Los Angeles and have designed and built many multi-families throughout Southern California.

Top to bottom inspection.If it is in good condition and the systems are intact and updated it could be interesting.Might even qualify for historical designation or the Mills Act and get a discount on taxes.Double check what you can get on financing especially the roof and foundation

Make sure to have a parent (or other adult with consistent income) co-sign.

From an in-person consultation regarding the specificities of the work needed to be performed; custom-fabricated or sourced fixtures ranging from lamps and chandeliers to countertops/flooring and murals; a full design proposal; contractor services; shipping and installation of the fixtures; and complete with two commercial appraisals.

That designation qualifies the property for state credits.

There are a number of design / build companies on here, but you probably need to narrow down where your lots are to get a little more relevant recommendations.

Several red flags here - if the property needs much rehab then it probably isn't eligible for an FHA loan (unless you get an FHA 203k which is specifically designed for fixer houses).

The adults also violate the code due to their very loud shouting.The police lieutenant I've been in contact with said that since the noise is caused by children, they don't want to enforce the code.