Ok,  it definitely looks like the home is zoned for up to three units (7500 square foot lot), which lines up with what the city shares when I called.

This 1,485 square foot townhouse sits on a 1,503 square foot lot and features 1.5 bathrooms. 4016 Issacs Rd was built in 1986 What made you interested in investing in this type of deal?

I seem to be encountering more discussions re: cities either proposing new lead abatement laws on rentals, or who have already passed lead abatement laws.My question is directed to investors (mainly those with robust portfolios) who have had to deal with these unexpected laws.

It's one foot in front of the other!

Around here it's $10k for .1 acres per of land difference, $5-8k per garage bay difference, apply the same price per square foot for extra bedrooms, $10-15k per bathroom difference, etc.

The price per square foot is extremely low and there are plenty of properties available!

Investing is like running, you look down when you are climbing the hills and put one foot in front of the other.

It’s very robust gene set up correctly.

I found the deal through Redfin and was comparing price per square foot ratios throughout town.

In this post, I’ll go over my first-hand experience with how not fully understanding the 1031 Exchange and long-term capital gains hurt my bottom line.In May 2015, I bought an empty lot in Stockton, CA, a 12,000 square foot empty land parcel for $45K. 11 months later, I sold the land for $65K in April 2016.While I’m glad to have generated $20K in profit or ~50% gain in such a short time, I later learned two tax laws that I should have kept in mind that would have helped retain more of my earnings:Tax Law 1: 1031 Exchange.