If I had 500k to blow, I would probably do the same.

Again, this is just an example.I probably would not recommend you buy single family homes if you want to replace your income.

If we're going to just talk in hypotheticals, of course anything is probably possible anywhere but highly unlikely. 

You could also use "Doug's LLC and/or assigns" where Doug's LLC is your hypothetical company.As for the assignment contract, you can get one from an attorney for probably less than $1,000, you can also make a friend at a title company, they probably have a template they could give you.  

It's probably worth 625k now What was the outcome?

I wouldn't recommend this as a starting strategy for anybody.Market Auction: There's probably a better term for this but anyone who owns a property can sell it via an auction.

Overall it’s harder, but probably worth the effort to get better returns.

If it costs $150,000 and the ADU rents for $750, then it's probably not worth it.Here's a guide on how to analyze a property.

Probably a quarter of the buyers we work with are house hackers.

If the foundation is good, the roof is good, the floors are good, the layout is good, you are probably saving at least $100k right there in labor/materials.The other thing that frequents adds a lot of cost is when the unknown occurs.