ThanksI want to add that I bought this house so I can move there eventually but our plans have changed.

An example is on one permit I had plans for electrical, plans for gas, plans for AC condenser.

We are not putting up capital, just handling all development/build planning and operations.

I already make a living out of real estate and I'm not planning on ever leaving this space, I'm here to stay. 

They found it out, andI had to go to the planning board and zoning board, hire an engineer and architect to make the fourth unit legal.In my opinion, the realtor should have verified the zoning, and if you used bank financing, it's pretty rare for the bank to miss it as well.You are probably going to have to hire an architect to draw plans and to get it approved as a triplex.I wish you luck.

I would love to discuss my purchase and here about your backup plan.

Keep in mind of the I/O(payments/period) and game plan on how fast you'd like to pay it down. 

And is it something you see yourself sticking with long-term, or do you plan on exploring other asset classes?

I doubt we will buy off the MLS but I am trying to find a good way to visualize MLS data so that I can plan our next purchase and get a "steal" that I will have instant equity or rehab for equity with the goal of getting a decent HELOC going.Because real estate values are so location based, it is hard for me to process the data on a spreadsheet, because I'm constantly trying to project it onto a map in mind.To know if what I'm looking at is a deal, I would like to be able to see $/sq.ft. data visualized on a map with either current listings or preferably sold properties. 

The home burns and the incredibly over taxed CA FAIR plan has either gone bankrupt or takes years to pay out.2.