Hi Shawn, When I left banking during the last major crash and started this company, we primarily were a commercial bridge lender, but we also were a real estate investor.

The job market is strong due to major companies moving and developing here like Intel, Amazon, Google, etc. and there's a steady population growth and strong rental demand.

What your currently doing is similar to what we do on a majority of our units.  

There are major warnings for people looking to build.

The Bigger Pockets community and podcast has been a major resource and mentor in helping me learn the ropes of real estate investing. 

I'm not sure what the Inglewood market is like, but if it's anything like major cities in CA, I would anticipate that you can still get it rented out as an LTR.I would also look into the Midterm rental market in Inglewood.

Quote from @Laura Morlock: I have an opportunity to purchase a very beautiful and unique property - striking century manor house directly on the river, 1.5 acres, huge detached garage/workshop, in a quaint little town 15 mins to two major cities and a little under an hour west of Toronto.I know the property inside and out, it's turnkey, and I would love to own it, but I don't know what to do with it.

Either way parking and laundry are major amenities and I would highlight that. 

 :)To anyone reading this: if you happen to think using other people's money means you don't need any of your own, raising outside money may help you recover your expenses, but you still have MAJOR out of pocket expenses, typically, due before you can raise any money:Earnest deposit: most people raise after you get control of a deal.  

Some will require to use the lowest credit score while others will just require the majority owner or use the highest if all equal.