Purchase price: $366,000 Cash invested: $87,000 House Hacking / Live in Flip / New ConstructionAsking Price: $370,000Main House Rehab: $12,000VA Loan 0% downPITI: $2080Main House Rent: $4000* ATTACHED 615 SQFT ADU BUILD (OWNER BUILDER) *2 Bed 1 Bath, Washer & Dryer, LARGE Private yard and Entry.Grand Total Cost to Build: $50,000 (Plans, Permits, Construction, Fees, Etc.)ADU Rent: $ 2100* 488 SQFT JADU (GARAGE CONVERSION) (OWNER BUILDER) *1 Bed 1 Bath, Washer & Dryer, Private yard, parking and Entry.Grand Total Cost to Build: $25,000 (Plans, Permits, Construction, Fees, Etc.)JADU Rent: $1500 What made you interested in investing in this type of deal?

I've worked with military buyers locally here in SA including a young family that utilized a VA loan to purchase a new construction duplex in the Converse area. 

Had a conversation with someone today and found out the owner of 160 acres across the street wants to sell.

I would leave that conversation, however, for a phone call once you've made contact.Best of luck to you moving forward!

Purchase price: $455,000 Cash invested: $7,000 House Hacking Owner Occupied * In- Progress *Asking Price: 459,999 Rehab: $5000VA Loan 0% Dow* SELLER PAID CLOSING COSTS AND $15K IN REPAIRS, NO MONEY OUT OF POCKET*RENT BY THE ROOM STRATEGYPITI: $3060Rent: $3500 ($875 per room, utilities, Wi-Fi, and Security System)* Current Project: 300 SQFT ADU *ADU Rent Estimate: $1800 (Includes Utilities, Wi-Fi, Security System, and private entrance, yard, and parking)Construction Budget: $20k (Structure is already existing, more of a conversion) What made you interested in investing in this type of deal?

Purchase price: $455,000 Cash invested: $7,000 House Hacking Owner Occupied * In- Progress *Asking Price: 459,999 Rehab: $5000VA Loan 0% Dow* SELLER PAID CLOSING COSTS AND $15K IN REPAIRS, NO MONEY OUT OF POCKET*RENT BY THE ROOM STRATEGYPITI: $3060Rent: $3500 ($875 per room, utilities, Wi-Fi, and Security System)* Current Project: 300 SQFT ADU *ADU Rent Estimate: $1800 (Includes Utilities, Wi-Fi, Security System, and private entrance, yard, and parking)Construction Budget: $20k Structure is already existing, more of a conversion What made you interested in investing in this type of deal?

Get over your fears, treat people like humans, and start to have some conversations.

If the garage conversion is an ADU then you do not need to maintain the parking which you will take up with the conversion.Hope this helps!

I love Comic Con and when I moved to San Diego for school I discovered it and its since brought me so much joy and this year was a bummer on that front.With regards to acquiring the property my knowledge is little to those here on the forum in terms of what makes something a deal.The input I do have is you may want to consider is that the garage conversion is permitted.

The only reasons I can think to continue to do so are (1) the tax benefits gained from investing into a traditional 401k, and (2) potentially using the 401k to fund FI before age 59 (through the Roth IRA conversion ladder).