In general, the higher valuation properties with views or close proximity to water have higher rates of returns.

Another note on construction cost, going vertical is very expensive now and would require have a great connect with a developer and a builder in the area.See what rents are in the area and run the numbers to ensure the rents will cover your costs and give you a solid return—using the 1% rule can help.

And assuming a 0% return on the $200k you could have in the bank earning $10k/year if you sold. 

Is your highest priority immediate cash flow or would you rather have an investment that may give you a greater return but it may take a couple of years?

Call cops if they keep returning. 

As I invested a few years back, my returns have been pretty good with cashflow and appreciation. 

Gifting her cash simplifies ownership but forfeits these tax advantages and requires filing a gift tax return for amounts over $19,000 (2025 annual gift exclusion).

What is the cash flow/ cash on cash return. 

I would compare my return with any market, anywhere but 1) this is a different San Diego market than the one I have been so successful in 2) while I am a big fan of leverage, I am not a fan of over leverage.

I was working a big deal, actually the biggest sale in my department’s history, and I felt like it would yield greater returns than this real estate dream.