For long-term growth, consider newer single-family homes in high-appreciation suburbs or well-located small multi-family properties.

Now the decision between option 2 or 3 depends on a few variables.

Fortunately lenders are starting to seeing the bigger picture and comp these additions more in-line with multi-family, rather than SFH which it is. 7842 Lasaine Ave, Northridge.

Please share lenders who are low credit score friendly and or hard money lenders that are easy to work with, e.g. won’t tie your money up in draws. 

Feel free to PM me if you'd like to talk options.

I need to better understand all impacts each option has for a smaller operation.

Urban Lot Splits (ULS) allow you to divide a lot into 2 parcels, and Multi-Dwelling Unit Developments (MDUD) are allowed up to 2 units per lot.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

If this effort gains traction, it could fundamentally reshape the U.S. mortgage market, impacting financing options for real estate investors nationwide.The Role of Fannie Mae and Freddie Mac in Housing FinanceFannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) are government-sponsored enterprises (GSEs) that purchase mortgages from banks and lenders, package them into mortgage-backed securities (MBS), and sell them to investors.

You’ll want to check with local credit unions or smaller banks since they often have more flexible HELOC options.