But again, as mentioned, get fam with COC, Cap, IRR, etc.You said later you had $80k to invest in a multi family.

I grew up in North Florida so I have a lot of family, friends and business contacts in that area.  

Works just as well for a two family worth $1.2.

Quote from @Najeh Davenport:  Hey BP family, I’m hoping to get some advice because I’ve hit a bit of a roadblock with a refinance, and I’m not sure what my next steps should be.

Curious as to thoughts on building ADU’S for equity in LA / SoCal market.Search BP forums for appraisals associated with California ADU additions in single family zones.  

It’s a Single family home purchased for $250K with land value at $12K.

Small investor, looking to purchase one to two single family homes per year over the next 7-10 years? 

It is RS-50 zone requireMinimum Lot Size: 5,000 square feet.Minimum Lot Width: 50 feet.Setback Requirements:Front Yard: Minimum of 20 feet.Side Yard: Minimum of 7 feet on each side.Rear Yard: Minimum of 20 feet.Maximum Building Height: 35 feet.Permitted Uses: Primarily single-family detached dwellings.To have different lot size need neighborhood approval, I believe...  

It’s a single family house that I bought for $160k.

Quote from @Joseph Gary: Searching for a Multi-Family.