That is helpful, but do you find, like I do, that only maybe half of those people actually appreciate that you went an extra level to help them and answer?

I love when the court is extra sassy in response/summary.

If I find the buyer I would charge and extra 1.5%. 

It brought in 120k last year, but I think we can bring in much more as we do upgrades including adding an extra story on top and as we run it as a bed and breakfast.  

When we were first selling homes in 2021, Buyers were upgrading to larger homes since interest rates were 3ish% and they could afford the extra 300+ sqft.Today, we see smaller homes selling significantly faster than larger homes.

@John Cooper when you or someone you care about is living in the home it is important to be extra vigilant in choosing tenants.

And really, any ARV over $800k is extra "cash out" for you. 

I also think most markets won't see anywhere close 6% cap rates (for single family homes which is what I personally invest in).The questions you get to ask are then:Is the extra 4% worth the hassle of management and lack of liquidity.   

You are not going to qualify for active and will not get any extra depreciation.

CA doesn't have an extra $30b/$40b laying around to do that, not to mention the additional billion to actually do the project to be build ready.