You can learn and team w/experienced folks in a more active pursuit or if limited on knowledge, time and significant dollars you could diversify into several value add apartment syndications that are in markets you covet. 

An accessory dwelling unit shall be limited to a maximum of nine hundred fifty (950)square feet of living space.b.

That being said, your non-compliance may be grandfathered in, in which case you should be able to convert the un-permitted accessory structure to an ADU as long as it fits within the existing footprint.I would contact the folks at the Fairfield Department of Building Safety to ask them about this particular issue.

When it comes to tax strategy for a property with an accessory dwelling unit (ADU), there are a few considerations to keep in mind.

Knowing that they are planning to cheat the IRS makes you an accessory to the crime.

Each state is going to be different on what accessory transfer fees there are. 

Pay attention to what Jimmy V said, because it took me about 6 months to have the property re-zoned as a SFH with an accessory unit (no separate metering) but it was all worth it as the 5 bedroom unit rents for $3,450 a month and the accessory unit (basement) pulls in $1,500 a month.

Check out this one for the Sawzall  https://www.homedepot.com/p/ReciproTool-Nylon-Scrub-Brush-Offset-Accessory-for-use-with-Universal-Adapter-for-Reciprocating-Saws-RCT-SCB-10/204248369

Welcome to BP @Malik K.There are a few different househacking strategies to consider in the area with varying degrees of difficulty. 1) Legal multifamily2) Property with accessory dwelling unit3) Rent by the room/roommate situation.

Hey BP community,Does anyone have any experience with Junior Accessory Dwelling Units or JADU?