Since I reside in Fishtown I think I can assist a bit.Does the basement have a legal exit from the basement (Modern or Older Bilco Door/Ladder to get out)If not, the basement would not be a legal finished basement.

I am excited to be able to combine the build/ rent opportunities.

LLC or LLP or combination could be a much better fit.  

Turn-key rentals offer potentially higher rents, have significantly lower maintenance costs, and it’s much easier to attract tenants who will pay premium rents for modern features.

Or maybe you want to do a combination of the above?

I'd probably try to suggest a combination of 5 acres with 20 units per acre and then suggest townhouses on the other 3 acres.

**VersaStorage Complex**: Combining "versatile" and "storage," this name suggests flexibility and a broad range of storage solutions, catering to both individual and commercial clients.3.

Thebrother in law combination is on my current investment project.

@Nikesh Patelwelcome. please recognize that it is very, very difficult to achieve cash flow at this time UNLESS you employ a hands-on, time intensive, creative strategy, OR a combination of such strategies. 

Let's look at your situation LOGICALLY:)OPTION #1With your combined $100k for a down payment, you could buy a $1M+ SFR home in California.