Whether it's building wealth over time, generating immediate cash flow, or a mix of both, let your financial goals guide your choice.All the best in making a decision that aligns with your vision for the future! 

Nice job and best of luck on your future endeavors!

People purchased with expectations on density per existing zoning and now those expectations are no longer valid in CA.In addition, ADUs are not low cost housing. 

Hometap claims "no interest" but if you look at cash now vs. percent equity they'd take in a future sale, the implied interest rate is something like 25%.Are there private investors out there who are interested in doing similar deals with better terms? 

You are in an excellent market with future growth. 

Andy You don't need to notify the tenants for common areas provided there is no expectation of privacy in those areas, however as another posted, you may still piss someone off so the best practice is to send a message that you will be doing common maintenance work.

Feel free to DM me the # or address and I'll check it out.These things can also be out of date or inaccurate, however, so as a disclaimer I suggest you call the county and city both to ask them upfront and candidly about what is required and what they expect of you.

Our thinking is, if we can put down lower and make the deal pencil at the higher rate, we can always refinance when rates drop, which we understand is expected in the fall/winter 2024.

If I spend 50k on a rental, and I want to do absolutely nothing to earn profit, what is the bare minimum annual % return I should expect. 

Its possible the lines you would be near are already at maximum capacity, or that power doesn't flow in the direction you would expect.