Does this approach make sense as a first step for us?

However, it requires a long-term approach and more responsibilities than stocks, making it a more diversified portfolio.Good luck!

Examples could include:Partnering with other investors to share risk.Using seller financing or lease options.Leveraging creative rehab techniques to save on costs.Negotiating with contractors in a unique way to reduce expenses.I’d love to hear any stories, tips, or approaches that helped you pull off a deal others might have instantly passed on.

OP look at your buy box, REI strategy and approach. 

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.

I’m curious to hear how others are approaching their 2025 planning.

The income approach might also be used, evaluating the potential rental income the ADU could generate.

My approach is when there is that much unreliable information, I either call it a day and walk since I have no idea what comes next or I negotiate to a super deal so that whatever I haven't been told can be taken care of.  

Starting with multi-family rentals and house flipping is a smart approach, and taking the time to learn is a wise move to avoid costly pitfalls.

Our seamless financing approach ensured a swift transaction, facilitating a same-day resale and maximizing profit potential.