Projected sale: 950-990k Replacement property budget: 990k - 1.1M Plan: rent out the replacement home until meeting the requirements, then move into it while renting out a portion of the home via short-term rental 

Prioritize properties with rental potential, plan for reserves and tenant strategies, and stay patient as you network and learn.

I would also weigh if you plan on staying in the home you are in now for a long time or move in the next 5 years.

Scope of WorkA solid contract relies on a comprehensive scope of work.

This is who will approve or deny your plans when you apply for a permit.

@Jeffrey Bourque Are you planning to finance this with a local bank or credit union?

ESP if you are planning to lowball, an agent might be more reasonable to discuss with (seller might get emotional and offended with your offer).

What’s the plan?

I was thinking this might work on my property in Redding and can be adapted to a shared housing project for seniors (though I'd want rooms large enough for bed, bath and seating area)  It's my understanding that it is considered a SFR with seperated bedrooms as far as planning.

The plans will probably be developed while the government plans, carries out, or coerces, clean up, and puts liens on the properties being cleaned up.