It also has a 2 car garage that was closed in and we will probably close off the door into the main house and finish it into a 1br 1bth.

It might be best to consider wholesaling it and letting someone else finish the project, break even and move on.

Perhaps when you get finished it is something I can help you set up! 

Every house and every area are way different, so is the chopice of finishes.

I'm finishing up an ADU garage conversion in Downtown Sac and plan to do medium term rental for travel nurses.

I am finishing my last semester before moving to Chicago for a full-time job in September. 

I have renovated 12 houses in my life and just finished renovating a 1939 bungalow in the Oakland Hills and building an ADU on the same property out of the garage.Anyone who answers the presented question with solely a "yes" or a "no" without first referencing their local city's or jurisdiction's building code would be guessing.

From start to finish, everyone I talked with I told them I didn’t want to use narcotics.  

we do the same thing Jay but we look at this as return on entitlement spend and return on land purchase. we separate the two measurements. for return on entitlement spend its the total value of the land gain proven through either an appraisal pre and post entitlement from an institutional level appraiser by Berkadia or sale price divided by all of the soft costs needed to get the site to the finish line. we look for sites that are at least a 5x and typically focus more on single parcel sites that aren't assemblages and do it by going vertical not horizontal. as many have said there is much more risk in this strategy that you are doing that led to a lot of bankruptcies. also focusing on the luxury in my opinion isn't a scalable strategy. 

Lathrop at I5 and 205 is the same.Winters is seeing some the same.Seems los banos n hollister building has slowed thoghSo many apartments are getting finished in the south bay!