Whether Billboards, TV ads, Radio exposure, or Internet Marketing.All the successful persons in Real Estate seem to get great exposure. 

You could have massive exposure that would far exceed your initial investment.  

The second pillar is a good insurance policy as that cover the majority of your exposure.

Bonus Room?

In CA I would interpret that as a multifamily entitlement, with the bonus opportunity to build commercial.

*Bonus question, what other neighborhoods should I look at for similar level of properties that may offer these types of homes?  

Personally, I travel to other regions for the best exposure in REI meetups.Best of luck, Megan!

Hi @Raymund Charfauros, back in 2009 I had my desk job as analyst making good salary and crazy bonus cause of the market, in does days buying REOs, I managed to keep some for my self and got tenants in there, by 2013 I had decent equity and prices were higher, so that's when I about triple my rental investments with that equity so I left my banking job and started my own consulting firm and also my investing joint ventures, everybody wanted me to do so I guess I took the risk, its fun I actually what I did ill be happy to share with you, send me PM, Hi Account Closed, Cash flow on a duplex is kind of tricky now, better in SFR or the 3 unit is proven to cash flow better then 2 units, don't ask me why just it does on my financial analysis, area for this maybe ( La Mesa, Vista, City Heights) all depends on price range and how much work or what kind of land lord you want to be feel free to reach out for any questions  

It's my understanding that it can't legally be called a bedroom unless there's a closet and a  method of egress (window large enough for an adult to climb through).I'm not any kind of expert by far so take this with a grain of salt, but could you market it as "2 bedroom with a bonus room/office"? 

Also if you want to sell your home quick and get the most exposure you will definitely want to offer a buyers agent commission since 90% of the buyers out there do work with agents and if you don't offer a reasonable commission then you would close your door to 90% of those buyers, which you can potentially be losing the chance to get higher offers or even enter into a multi-offer situation.