If 2x, 3x, 10x the # of burger trucks flood onto a given street to offer burgers to the people, to meet demand 1:1 it has an economic effect of competion driving prices to REMOVE any bloat, any false margins, right.

@Maurice StewartIf I'm understanding your post correctly, I'm not aware of a rule that requires that the LLC name contain the address or street name of the rental property. 

I have seen it from the street and it "could be" 2/1 1606 but won't know for sure until I can get in which won't be until next week.Question is, wondering if it's possible the owner added on but did not get a permit so it's not on public record. 

In that area, a half bath adds $50k of value (mission beach).  

Finishing the basement would make the primary residence a 5 bd/3.5 bath from a 4 bd/2.5 bath.

My buy box consists of a 2 bed/1 bath minimum property within 45 minutes of Raleigh, NC.

My house is a 1,000 sq. ft. 3 bed, 1 bath, with a detached 1-1/2 car garage, partially finished basement with washer & dryer, updated kitchen, and deck off of the rear.

Finished attic w/half bath.

I'd recommend looking at larger deals and talk to lenders that work in the space in general. we do smaller tracts of infill land downtown but most of those are also better off by going vertical as well depending on the street they have frontage on. 

SFH in Tacoma WA, gas utility quoted free to bring a gas pipe from the street to the house and a meter.