Readers should seek professional advice.

For investors, this presents a niche market to target families seeking multi-generational living arrangements.Things to Keep in Mind:SB 9 projects must comply with local ordinances, which may include design and setback requirements.Properties in historic districts or areas prone to environmental hazards may have restrictions.Lot splits under SB 9 require that the owner occupy one of the parcels as their primary residence for at least three years.ConclusionSB 9 represents a significant shift in California’s approach to zoning and housing.

A prudent investor doesn't seek quick riches through shortcuts.

This amount represents a reasonable estimate of the actual damages the owner may suffer due to delay, and the contractor agrees that this sum is not a penalty."

Quote from @Derek Wilke: Hello Everyone,I am joining Bigger Pockets today seeking professional connections.

Maybe look for a different type of tenant that doesn't leave every year or sell the place if it isn't meeting your other investment objectives.2) As PM's we always seek prior authorization for expensive turns or capital projects, even though the estimates given to our owner-clients are often ball-park numbers.

In the interim I'm seeking PMLs to fund them. 

Readers should seek professional advice.

Unfortunately most lack the balance sheet to obtain favorable financing, can't afford to put any skin in the game and fail to make a compelling reason for why the investment makes sense or to justify the structure they are seeking.

Readers should seek professional advice.