Another thought is converting my Cape style home to a multi family.

Our company is looking to jump into SFR investments and want to look for properties in the OC area with value-add potential to either rehab or add an ADU/convert a detached structure to an ADU. 

I also plan to convert 4 of my nicer LTR's to MTR's and start to enjoy the fruits of my labor.

There are lots 20. x 60 that sold for 1.5 million as well...So I am hoping to sell each home (2) for 1.7 mil minimum 2.3 mil max.....Im not going to lie, it is scary, we are going through covid, but at the same time this is once in a life time opportunity ,  you dont find land in this area much anymore let alone 180k per 20x60 lot (4 of them converted into (2) 40x60 lots). 

Converted to central HVAC, new windows, paint, fixtures, landscaping, roofing, flooring, major plumbing improvements, and more What was the outcome?

Real estate is a long-term, wealth-building investment.Too many are trying to turn it into a cashflow game to quit their day jobs.If you can deal with that, try to hold on and tough it out.Other options:1) See if you can wholesale a property to fund your Reserves2) You could do the same thing with a Flip3) Perhaps explore converting one of your properties into an STR to generate more cashflow

Hello Bigger Pockets, My team and I are looking for a tip to point us into the right direction of how to convert our current tenant from regular rent she pays to a Sect. 8 Voucher (where rents in that zip code are much higher), she will have a percentage of the monthly rent paid for her by the government.

If this was your primary residence, I would highly recommend selling within 3 years of converting to a rental to maintain the section 121 tax free gain on sale of a primary residence (250k exclusion for single and 500k married). 

Converted existing studio to legal ADU.

I currently have a 3 bed 2.5 bath LTR and am intending to convert it to an MTR.