My main hurdle right now is securing financing as I am OOS and do not know my options for who can offer a new construction loan.

Debt- 375K, auction tmrw 9AM.

The way this area has been appreciating and is expected to continue is the main reason I'm so interested.

I’m looking into alternative methods to house having and MFH run for $700k+ out here.At the moment, I live in a detached garage converted into a 600sf 1bd/1bth.Since the 700k price point for a duplex with max 3bd/2bth unit to rent it out of question for me, I was thinking of the possibility of picking up a smaller house with the possibility of converting a garage or building a separate addition that my wife and I would then be able to live in while renting the main house.I know CA is becoming very favorable towards ADU’s now a days and was wondering on if this could qualify as a primary residence for myself as well as me be able to use potential rental income for me to be able to qualify for a loan.Still new to BP and REI, I couldn’t find a google answer on this, so any help would be appreciated.Thanks!

And when debt is most successfully used, it will make you grovel first and ask questions later.When you lie down with dogs you get up with fleas.Just because "everybody else is doing it" doesn't mean your a$$ is going to sting any less from the beating you will receive along with everyone else when the times comes.God preserves fools and drunks, but he hates cheaters.

In the only negative tenant experience that I've had thus far, he also helped out by filing for debt collection & cleared up some things that I didn't know. 

So the main idea is to work on one "One Thing" at a time.

I mainly flip but I will be in Cle Ot 6-13 if you want to link up.

The stretch of Main St (518) between Hwy 3 and 270.

We were taking advantage of their >500 square foot house additional allowance by adding a master suite to the main unit.