Basically, if you want to do the work above board, I would say that there is NO WAY to do a $150/sqft build in the Bay Area.

As far as tenants; I don’t know California’s laws but basically you advertise, screen, get a landlord type of insurance policy, sign lease, set expectations, take care of tenants and home but don’t confuse that with being soft on due dates etc.

With DSTs the investor is basically out of control---and also (in most cases) illiquid. 

I have the following basic list and am looking for guidance on who else should add to that list:* CPA / Accountant* Real Estate Attorney* Real Estate Agent* Insurance Agent* Mortgage Broker(s) / Lender(s)I realize that depending on the type of real estate investment I might need more in my team (e.g. if I am rehabbing, I need a General Contractor etc.)Who else would you recommend I add to the above list at an absolute minimum? 

Jacob, Thanks for your detailed explanation, it does appear I was basically using the COCR.

You could always ask your neighbor to sell you the 33sf and then do a lot line adjustment then all you will need need is a survey and meet any of basic requirements.

Sorry for such a basic beginners question. 

You'd be surprised what people will live in, especially long-term owners/tenants who tend to neglect basic maintenance.

Basically I am trying to take this 21k & figure out the best way to put it to use to make more money with another home purchase & flip, tax sale & flip, or any other method. thoughts?

Are we not considering something basic?