MCL no not require SST as mentioned, will assist with downpayment assistance, as well as a huge bonus that PMI will automatically drop at 20% equity gain without having to refi.

added bonus to this is you can do it again using the HELOC.In your case when borrowing the down payment you need to calculate the HELOC payment (and assume it will be going up) along with the mortgage, taxes, insurance, maintenance etc to make sure it is still a good deal with an acceptable return for you.

Or, do a combination of the two which would be an asset management fee plus a performance bonus at sale.

Plus the state density bonus law. 

I would probably still be happy with lower appreciation but obviously what happened with the market the last few years was great timing and a huge bonus.

Having 2 acers is a huge bonus for those rentals.

It's good for flips, BRRRRs, or a place holder if you find a screaming deal that you can't pass up until you get a big bonus or increase in income; however, it's not ideal as a down payment or purchase on a standard buy and hold.

Was initially just going to do an ADU (yellow) in my backyard and garage conversion but have decided to also most Iikely cordone off the master BR + BA as one unit, and he bonus room (will add a bathroom and hot plate).  

My annual bonus, net, is 20-25K.

Lets call that the :( side.2) And there is the happy side... passive income (syndications, passive partnerships ie medical/dentist offices) and passive losses (depreciation, bonus depreciation via cost segregations common in syndications).