My partner and I split a profit of $40K which was icing on the cake of how much value we gained in knowledge during the project.

Afterall Austin since the year 2001, has average 5% appreciation YoY.Do you guys factor in appreciation, or is it like “icing on the cake”?

Once this current pandemic is over I can get back on track of converting a 640sq ft detached garage into an apartment in Anaheim.  

SF is just icing on the cake... if it actually makes sense.

If you're wife gets the FHA 203k loan (not a cake walk in it's own right) and does not actually live in the property, she would be committing mortgage fraud.

If they happen to save you taxes - it's an icing on the cake.

So in theory you can have your cake and eat it too.   

https://www.cnn.com/2020/03/12/media/disneyland-close-coronavirus/index.html Disney Land in Anaheim, CA closes tonight, was open until now. 

The house hack is then icing on the cake.

Probably way too much work for $30 or $40 per month, Especially finding tenants and setting rents, to me that’s the hardest part, You’re better off working 1 or 2 extra hours at your job. although once they’re in it’s cake, especially in a condo.