Quote from @Christian Styles: Hey Alex, I met Dustin Heiner this year from Master Passive Income and he was great to talk to!

You must also make sure there are no un permitted rooms/ADUs with this style of renting. 

In order to qualify for a resident loan, you might need 2 years of Spanish of W2-style income.

Too many people got way too crafty and built new luxury “cabins” similar to that of a trendy Silicon Valley style home, and that’s just not the market here, those places will take huge haircuts.also the pool cabin pumpers during Covid did exceptionally well when kids were doing school from home and there was a lot of demand year round for pools in off peak times…now those pool cabins sit empty because kids are in school and people aren’t willing to pay a premium to stay so the place sits unoccupied.

@Arina Alexiuc the volume of equity determines how much cashflow you can use for your life style.

I wouldn't expect much pullback in price unless there's a 2008-style crisis. 

That said, there are fair housing issues as @Christian Styles mentioned.

There're hundred of office space looking for tenancy next to google office in mathilda, also in patrick henry.These old 1980 style single story office after dotcom crash, nobody want to lease the space, even during booming time, no company would move there.what's funny is behind lawrence there are bunch of new  condo , that my friend ex manager at linked buy with cash, all from company option, and retired at 45, life is strange...i used to live not far from your cambrian neighborhood , who in the right mind think the area avg home price in 2 mil in 1999 LOL but yea some people is just lucky because of what they did during 2005-2019 era.the boom and bust cycle is very tangible in san francisco though....

Quote from @Christian Styles: This seems to be in the ballpark, but I would have a few follow up questions, Is this their entire fee structure? 

I agree with @Christian Styles; consult a landlord attorney in your state.