Keep up the work, I know you'll hit amazing heights and change your families generational wealth and help others. 

If I did my math correctly, on a 3,600 SF triplex where you buy the land for $150k, you generate a gross profit of about $84k (based on a $140/sf build cost and sale price of $205/sf), before you pay interest on any borrowed funds or closing/commission costs.

You have 2 tanks, 1 above the other, with a water wheel (alternator/generator) in the middle. 

Owner-occupying a small multi-family property is a smart move—you're reducing your own housing costs while building equity and generating rental income.

I’m living in Bay Area where finding deals that generate cashflow is impossible.

Our best use for the property would be to build a couple of large estate home (8k sq' and up) and form a private estate, but, being that we are in the County with no existing zoning requirements, we could also build what we want and potentially turn it into an income generating property.

Analyze potential rental income versus expenses carefully to ensure the property will generate income from the start.

In one deal referenced the poster highlights a major potential conflict of interest as Capella supposedly used an appraisal generated by the borrowers without disclosing this to investors, who later invested $3.9M to finish a luxury home Capella claimed was 80% complete.

One of the key benefits of a DSCR loan is that it allows you to qualify based on the rental income the property is expected to generate, making it ideal for those with multiple properties or who may not have a strong personal financial profile or W2.

A plain vanilla lawyer-generated set will cost somewhere in the $1500 ballpark from Geraci.