Interesting perspective. 

That's a young man's perspective, not the perspective of a provider for a family.

Let's look at this from another perspective. 

@Jennifer Van vlymen its all about perspective and leverage.

I value a real property attorney's perspective, just don't want to set aside thousands for retainer just for exploration on whether I have standing.If that is not an option, it seems to me the next option would be to incur all of the costs, try to consolidate the parcels with the highway taxing districts and then seek out a permit from the city to build an Accessory Dwelling Unit under their standards.

Cutting in your margins for less cashflow is all perspective, the thing many of us new entrepreneurs do not value is our time  if you put a valuation on your time you may be better off leveraging that so you can do things like be with family, work and make more money, or find deals.

It isn't freshly painted with new flooring and appliances.

@Joel Forsythe you bring a great perspective to mind.

It's not a bad idea to invest with a few different operators as well to have first hand experience to provide perspective on where to scale over time. 

Section 8 is probably a better long term solution from a landlords perspective of getting consistent rent for years.