Without actually building the 3rd unit, would this new triplex eligibility increase my property's value? 

The importance of lowering expenses and increasing efficiency to maximize property income.

That will show what proposed tax increase you will see.

Originally from Africa, I’ve embraced new opportunities to build a better future, and real estate is at the core of my financial freedom plan. 

That property is now a reliable source of rental income and a constant reminder that success starts with taking action, learning on the fly, and embracing challenges head-on.

As other people have mentioned, does it increase risk of being rent controlled down the road?

This has been true about every technological change in the industry - those who fail or refuse to adapt lose while those who embrace new tech win.

Many of the folks I worked with back during the dawn of the internet business era have moved on, so this is a learning curve, but I’m embracing it.Partnerships are something I’m open to, whether it’s working on your projects or collaborating on future deals.

DSCR in not currently in our toolbox, but I'm recommending to my partners that we should embrace this product.Mike

Money makes you happy only so often.But a good place to work keeps you happy every day you show up.Yes, 𝗺𝗼𝗻𝗲𝘆 plays a vital role.But 𝘸𝘩𝘦𝘳𝘦 you work?That’s what really makes you happy.A good workplace doesn't happen ...