They are inside (above) backyard at 25% inside property line back fence.Personally I would not buy it to stay permanently as primary (don't mind to stay year or two as tenant) but it is for investment and I can get some discount for this reason.

We spent the next two years hiring an architect to help us with the rezoning process and finally embarked on getting it zoned commercial changing the occupancy status from R-3 to B, S-1.

I currently rent out one of the rooms in my house for $1100/month, I use the other two rooms6.

Stephanie:Let's give two extreme examples:1) A person buys a mutual fund in their IRA.

I have an under 400 square foot ADU on my property and my wife and I lived there for two years before renting it out. 

However, I would appreciate further clarification on what you mean by having a Plan B, C, and D.In my experience playing the BRRRR game on a smaller scale, typically with homes valued around $200,000, I have found that it can be challenging to generate significant monthly income, Instead, the focus is often on building a portfolio without having to make substantial out-of-pocket investments, which is indeed advantageous.

Here are two real world strategies that I used with my clients:Success story AStep 1: Bought a condo for $175,000 in 2013 in an up and coming area that cost less per month than market rent.

I'm currently living in the DMV area (specifically, Germantown MD).I'm super new to the game, and am slightly overwhelmed with the amount of information there is! 

First time homeowner here (since 2020)…I really want to move out of my current home because it is too large for me and my two dogs and I hate cleaning so much space (refuse to pay someone to do it haha)it’s a 3BR/2.5BA, two stories, 2565 sq ft on a 7000 lot with a huge pool in the backyard.

So I have done a fix and flip with two even split partners before however they were a family and a friend so it made it really easy (in my case) to work together and get the project done.