As the bay area housing market does not seem to slow down, I am looking to buy a duplex or single family w/ADU as my primary residence for supplemental income.As such houses are in high demand and few to come by, I am also considering a single family with a potential of building an ADU in the backyard. 1.

I aim to have the first room listed and the plans submitted for the permits within a few weeks. 

Sounds like you're interested in steady monthly income but are you looking to live/retire on this income or just supplement what you already have.

Aiming for $1600 Lessons learned?

For that reason, I'd aim for a 1-4 unit play.

I would aim to redeploy the rest.

You can either aim for a higher initial return or prioritize high appreciation and rent growth.

Let me know if this is not allowed, but I have included a screenshot of the 2022 K-1 below along with a supplemental sheet that shows the income and expenses and the net income/loss.

I actually just posted a topic with deeper thoughts on the supplemental benefits of doing a cost seg study. 

OMG i did this for a couple of my clients. they changed the way of doing it so many times.BRIT needs to be done first (pay every bill, trash, tax etc.)Lead safe cert nextthen apply on eclipse.if the property had a rental license from before you need the affidavit of continue use. if not you need proof of use.then just a deed or HUD Lastly the rental supplemental form.