Hello fellow pocket enlargers!

it had occurred to me what there could be the possibility of  limited renovations an or enlargement, but not the way you described.  

New roof (2014) with an additional 2400 square feet of development rights, and a 48 foot deep rear yard, there is plenty of room to enlarge this house and customize it to fit your tastes and needs Current Configuration: 1st Floor and 2nd Floor: Duplex containing 3-4 bedrooms, 2 baths, kitchen and backyard with brand new fence. 3rd Floor: 1 bedroom, 1 bath, living room, kitchen. 4th Floor: 2 bedrooms, 1 bath, kitchen.

This is from the the CSLB website       "According to the California Building Standards Code, no building or structure may be erected, constructed, enlarged, altered, repaired, moved, improved, removed, converted or demolished unless a separate permit for each building or structure has first been obtained from the building official."

You would have to do some re-framing to enlarge the window opening.

Making lemonade out of lemons is probably one of the best adages I can think of for learning to be creative and solving problems in real estateif there is a problem with a property or dimension issues you dont always have to go to a contractor to solve the problemcontractors have a certain mindsetand are operating on a specific paradaigmhere are some solutions I have done in the past that have really worked and paid dividendsi had an ejector pump in a bathroom and the space was covered by a makeshift door I decided to have a custom cabinet built that functioned as a trash receptacle and had shelves as well now the unsightly space is home to a beautiful custom cabinet that can be easily removed for servicing the pump when it needs it problem two I bought a house that had front of the shower enclosure removedrather than buy another shower enclosure cost 500.ooi opted to replace the front wall with backer board and tile the front and ended up with a beautiful custom look cost was cheaper than replacing shower enclosure and the look is twice as good problem threewhen i bought my house there was a hole knocked out one of the walls about the size of a  door i suppose thieves came in from the crawl space into this part of the house when it was vacantrather than close in the spacei enlarged the crawls space door poured a concrete floor and created a second exterior doorway to the space making the downstairs ready to become a legal apartment. 

For layout aesthetics, I was going to enlarge one bedroom into that office. 

And you'll have new cracks in unexpected places, old cracks that will not close, but instead enlarge.

(click to enlarge images)

Even if you subtract for RE commission, closing costs and discount the property for a fast sale, you should clear around $50-55k.3 - It would take you around 17 years of perfect tenants to reach $51 k in cash flow.4 - If you invest the $51k in flips, make only 10% per flip, and do two a year, and don't reinvest your profits...just keep reinvesting the seed money ($51k), you could profit over $5k/year...double what you would be getting in CF if you left it as a rental.5 - Now, if you reinvested your profit back into the flips, you would be compounding you profits.6 - 10 years of compounded profits, at 10%/flip...2/yr = over$280k in profit7 - After your accumulated profit reaches the point when added to the original seed money equals enough  to when flipped, you can use just the profit to buy rentals.8 - keep flipping the enlarged seed money.