There are old estates that pop up here and there - multimillion dollar places that have several "guest cottages" on the property.

Other ways to add value: Airbnb / STR part of the property, add a bedroom or more (but don't rehab the whole structure, add a basement ADU or backyard cottage (DADU), do a lot split, do an addition (we have an abbreviated permit process in Seattle for many additions under 700-ish sq ft)Off market deals are definitely worth exploring, but its also worth calling out that there are plenty of pros out there that spend 100% of their time hounding for these deals.

@An Ho we're on our first househack, and as a family with a little one as well we've always prefered more residential, Single Family homes with basement ADU's and/or backyard cottage DADU rental units.

That has stayed in the box and I do not see putting it out for cheese and crackers for company....

nice jobget it donejust go in and be personable and talk to them like you would your best buddyit is all about being relaxed and getting info on the property= who,what,when,where,why-easy cheeseyit may sound like it is a cheese cake but it will always be if you make it one and there are a lot of slices to be had out there if you choose your questions get them to talk you could learn a lot by listeninghope you get to some terms you can get on contractenjoy

The "training"/seminar/books cottage industry that seems to pop up within any industry (I see this in my industry as well) is where the money really is at, because the power of technology is what really starts to drive that gap between what you put in and what you get out.Like that saying...when there's a gold rush, be the one selling shovels :) 

We have a townhouse in the Cottage Home area, on the east side of Indy, that we are currently selling (due to us being out of state).  

Using existing properties already correctly zoned and building a small cottage or add on apartment that will rent for a reasonable amount.

The summit lived up to it's billing as no guru cheese-ball selling and junk.

Same thing for a boat, cottage, watch, motorcycle, etc.