Work with someone who understands the market and is very familiar with different neighborhoods where there is a lot of demand for rental properties.

With things like the ONE Linden plan in Linden, which is a 50M plan to improve the neighborhood.

I recently talked to a local insurance agent that has been assisting some of the out of town buyers with insurance policies and the majority of them have purchased these properties sight unseen without any knowledge of the neighborhood they're in, school district, condition of the home itself apart from the pictures with fresh paint and new countertop or even seeing the homes surrounding it that have been condemned by the city. 

With that we go back to the aforementioned "pottery barn" this building sat directly behind their home.

Est ARV is 100-120K (good school district and solid B neighborhood).I haven't walked it yet (I will next week), but according to seller, it just needs paint, flooring throughout, new kitchen countertops (possibly cabinets too).

Hoping that it will rent soon, because it's in a decent neighborhood.

A fair amount of houses in my neighborhood converted their garages years ago for extra space, before the easing of ADU restrictions and the advent of AirBnB.

The property was purchased seven years ago for 56k in a C- neighborhood, which is now paid off and worth approximately 170k. 

It's really hard to beat the long-term wealth building opportunity that the Bay Area offers.  

Are you ok with building a business that needs constant sales and marketing training?