Basically, I want to be ready to put an offer on a deal the instant my partner and I deem that it is a good deal. 

It is.So your small structure might not be economically reasonable.If you do decide to build an actual second dwelling, I recommend reaching out to @Josh Braun of Torque Development.

In the first instants my offer was within  1% of the final selling price.

It would be nice to share ideas.A few more specifics: - I’m interested in single-family or small multi-family dwellings in A or B zones- The closer to the West Coast the better, but that said, I’d be willing to go all the way to Nova Scotia if that’s where the math works best...ideally I’d like to follow the one percent rule - Random detail: I’m actually a poet looking to support my writing habit through sound investing.

Due to work finally catching up with me, one of my thoughts I've been throwing around in my head is the following:The house I am currently living in use to be a two (2) family dwelling.

California properties sell almost instantly if priced properly and in good condition, Virginia may or may not but that is something you would want to look into.

If you're buying a flip project, you'll either need a Vacant Dwelling policy or a Builder's Risk policy. 

Also I am about to procure a line of credit on some equity i have in a couple of properties, It will cost me nothing until i use it but is 100% liquid and can have it in my account instantly.

Or the Block Industries case from the Summer of 2017 where the Tax Court unraveled a “Magical Options Contracts Make Roth IRA Instantly Huge” scheme.

We are not looking for instant ROI.