With the cost of construction that you mentioned, it doesn't seem feasible to make affordable housing in most markets.MF in Portland these days are all up scale and cost 400 a foot to build.. and rent for about 2 to 2500 per 1K sq ft. govmit wants affordable housing they need to open up the tax credit vaults.. also in this market  a new ordinance pass requiring a certain amount of low income units per project there was a rush to get projects through before the ordinance and since that time new projects have dried up to a trickle. 

I have a garage converted to a rec room, connected to the house by a breezeway, so the architect advises I need footings for a breezeway, replace windows in the rec room to larger ones that open out (egress requirements) and larger roof beams, on the garage.I will get the variance if the building issues are corrected, as they have granted similar ones in the neighborhood.

Not many of them are located in neighborhoods close to BART, but your child is not obligated to go to their neighborhood school. 

Selling you would pay capital gains that is why the plan is to pull equity if the child goes to college. 

It's important to get off on the right foot with needy tenants and let them know you won't be a pushover.

If you get those two problems figured out, and it looks like you're getting started on the right foot you should be well on your way to success.Cheers!

So in those small towns you might get only 3 to 4 a foot for rent from self storage, church facility, flea market,etc.

My partner and I have done some driving for dollars and sent out mailings as we hope to get a foot in the door with wholesaling.

The 600 foot rule only applies to non owner-occupied buildings in residential zones.

It's an old model to 'put your best foot forward' in marketing.