Looking for some advise if it is right choice to additional capital to this investmentHere is how I look at a capital call.

Remember when land buyers pick a target, they have TONS of work to do getting that property from dirt to payday, so they know their purchase choices, and they have a war chest usually stacked up ready to go.

.: I'm looking into alternative ways to sell a rundown house for my parents.

. $40k will not get you a non owner occupied San Diego property unless you find some unlikely alternate financing.

It might be the way I have to keep going but it's why I'm exploring this fund option as an alternative.1.

.- If interest rates remain high, this is further upward pressure on rents in the near-term, as the alternative to renting - buying a home with a mortgage, is expensive - this should increase demand for rentals. - Rents are also a function of supply - 2024 saw the most new construction of multifamily units in American history (nearly 575,000 estimated 2024 deliveries of new multifamily inventory), and 2025, while not a record setting year, will see deliveries top 500,000 again - a huge supply increase. 

YoutubeTV is a great alternative to cable for local news, sports, over-air stations, etc.

Alternatively, you could split it between House 2 and 3 in a way that covers your building budget for the apartment.

Are there alternative strategies you’d recommend for this market or nearby markets which are of commuting distance to Danbury?

They may be regulated, they maybe aren't.A Credit Union is a good choice for funding.