Given that many people have said the average price to build in California is $200 and above per square foot, I became worried.Do you think building a 2-bedroom, 1-bathroom home measuring 550 sqft is feasible at this cost?

Most people prefer a detached property with some land on it because they're easier to resell than a duplex one.

lol.Yeah, it sounds great if people can actually pull it off and there are avenues to get it done.

You have one of those dream situations of using other people's money. 

People have a tendency to want to do what they know and what they like which is fine for your primary residence, but not always the best choice for an investment.

It's my understanding that you need someone that is local to be a majority owner (for many of the Asian countries).

Something else people don't know is that technically, for second home loans, you are supposed to occupy the property for more than 180 days.

Please come back and post a follow up, even fi you wind up losing money on the transaction, because it is a good opportunity for new people to learn how difficult flipping a house and turning a profit can be.

They will not use the income if you don't have those lined up by closing.Tons of people do this, and I also did the same thing earlier this year. 

ADUs in my area add a decent amount of value to a property, but I understand.