That's for a ranch style home.

Thanks @Ben HowardHere are some quick insights (lists) about the Sacramento County MFR 2-4 market:16,044 properties designated MFR 2-45,056 owners live outside Sacto County4,476 owners live outside of California884 were sold/purchased in last 365 days (~5.5%)2018 YTD: 3432017: 9432016: 8632015: 8124,520 have 100%+ equity796 are underwater12 are in Preforclosure263 marked vacant by USPS143 were purchased at auction by a trustee sale buyer1,445 have had a death of joint tenant in last 365 daysSince 2016, 676 transactions were off-market - and scanning through those buyers a lot appear to be investors as they've done 2+ deals or their LLC name indicates investment orientation.

You can see the different styles of management and different business policies of people on here.

I could see this working if you tried it this way:-buy a very distressed property that somehow still qualifies as "livable"-perform a live-in-flip style operation, minus the flip at the end-do a cash out refi based on the higher value after renovationYou'll have to make sure your cost of renovations are much lower than the equity built.

List now and have a sample of the flooring available so they can see the color and style.

Think transit-oriented development. 

If we end up  with Weimer-style hyperinflation, however, I'm hosed, but it's a risk I'm willing to take right now.

The building would consist of a larger group setting, television, lounge style seating, pool table, darts, etc.

If you are comfortable with that type of relationship, then the pool of qualified CPA's really opens up and you stand a better chance of finding someone who fits your style. 

My question is if anyone has experience getting a home appraised with this style of foundation?