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).

I believe he mentioned that garage conversions are not necessarily cheaper because the foundations need to be shored up to be legal.

From the forum conversations I have read, it looks like discussions are the most helpful are those that are specific.

Great conversation! 

Will do more damage then good.Use logic, understand conversion and build your site based on that.