Convert detached garage in to a living unit /studio .2.

I have been looking for a way to pivot from full time studio work to full time real estate work.

Studios close to campus rent for 1,600/month. 

You should expect your lawyer to draft the papers firing your PM and suggest you file a complaint against them at the state licensing authority.He might also request a copy of the audio tape they will have of your PM.

Do you think studio rentals would do well in this area?

Then in 3-5 years you move to your "permanent" house you will have two rental units that most likely pay for both your old home and existing.Because your cost to buy is so low < $5000 you can buy the property, shop for renovation money, maintain an apartment (small studio or 1 bedroom) while the place gets livable.If your partner does basic construction he will know people who can do the heavier stuff, he doesn't do personally.

Hi, I recently built a small studio duplex designed to cater to short term traveling medical personnel in my area.  

@Gary F. a one bedroom or studio, depending on where in San Jose and the finish will go for about $1,500 - 2,000/mo.

The downstairs could become a separate studio apartment.

I use two of my Studio/Efficiency apartments as Airbnb units for the last couple of years.