@Nate MarroquinYou're in a great position to house hack before your income increases, and you have multiple financing options to make it work.

Have you approached the current owner of the car washes to see how much they want in a sale?

If that's my experience in a small town, I suspect it's probably everywhere.

If it's a massive budget, lenders may peak in a bit more, but definitely doable. 

Grandpa and Grandma take five acres on the back forty and punch in a well and sewer (when it was cheap to do so), run some water and sewer lines with the old backhoe. 

They were already $75 billion in the red (IIRC) and now this....Even with Federal money, the state is going to have to chip in a lot of $$$ and they just don't have it.e) I saw US Senators this am on TV promising to assist with aid to CA, but ONLY if CA changes it's policies towards, water acquisition and Forestry Mgmt.

With the right renovations, we saw it as an ideal project to maximize returns in a growing market, especially with our experienced partner, Seth Choate, by our side.

You’re absolutely right—speed is such a critical factor in securing deals, especially in a competitive market.

Also make sure to build on a property located in a desirable location with larger pop density and if holding for rentals, charge median rent for that market as lenders want to see a bigger pool of buyers/renters available to occupy/sell. 

Stating that nothing can be put on walls in a rental home is unreasonable.