An agent can really help get more eyes on your property through MLS and their network, plus some agents have investor clients ready to go and can market it off-market directly to them.

What I wrote above does not create an attorney/client relationship between us.

I have experience working with buyer clients in the lakefront areas and also know how multi family works.

Quote from @Bruce Woodruff: Yes I agree with Bruce, I had one done about 2 years ago now for a client that got me fully on board with having my clients do them all the time.

I am currently loving real estate and think including the journey on social media can educate others and market to potential clients as well.

If it is in San Diego, it will likely be a sophisticated value add and not passive.So if you house hack a local property at high LTV, recognize it will cost you significantly more than renting a similar unit.  

If the building is currently recognized as a single family residence,  then you are changing use and presumably will need to sprinkler the building and satisfy other fire rating and STC rating requirements not to mention the added costs of having to run mechanicals for multiple units, multiple kitchens, additional bathrooms etc.  

Consult a real estate CPA or tax attorney to assess if the benefits outweigh the fees and risks for your situation, and consider alternatives like 1031 exchanges or installment sales for simpler strategies.This post does not create a CPA-Client relationship.

When I have seen this done or done this for clients, the properties being crossed are generally refinanced into the same loan, replacing your first lien (blanket/portfolio loan).

Purchase price: $600,000 Cash invested: $100,000 Here is an investment Flip Property I found for my clients in the highly desirable neighbourhood of Haysboro, Calgary Alberta, Canada.