It is a 24,000sf structure with the ability to add an additional 6,000sf of interior space through a currently unused portion of the building. 

I understand I have to live in my new house for 1 whole year but that might not be possible if I move.

Since myself And another partner are local we plan to live in the first one while we understand the process of what it takes to build and get some experience under our belt then the plan is to scale from there, really just need to get our feet in the door to which I appreciate the connect with Jennie.

Good luck Living in San Diego im shocked what some deals go for.

I live in Northern NJ and as I mentioned the barrier of entry for me in NJ is too high.

If I rent the entire property via arbitrage, would I also be allowed to live on property as a renter, not an owner?  

You can browse the forums for more information, but those are actually both pretty high risk options as well.Have you considered house hacking, or a live in flip?  

If you are buying a rental property and do not plan to live in it, you may qualify for a DSCR loan.

We live in unincorporated San Diego county and we purchased our primary residence 3 years ago.  

My name is Phoebe, I am half African and half German.I live in Germany, in Bavaria to be precise.