So I suppose the main point is that to just make sure the addition/ADU is "legal" when it comes to zoning.Hope this helps!

In addition, building into  the business model an intentional refinance in a short period of time, you are incurring double the financing costs, which eats away at your equity, and also resets your loan amount to potentially a higher amount if you are rolling in closing costs.

Most Californians will just use living revocable trusts for holding assets to avoid probate and allow for proper estate planning, and then achieve liability protection through other means such as LLCs, insurance, etc. 

From BP, it seems like Fishtown, Brewery Town, Olde Kensington and areas near Center City hold much potential, so I'm planning to look more into those neighbourhoods for now.

If you have additional questions, I would be happy to discuss this in more detail.Cleaner Books.

@Zak DolakHow important is access to the additional 100k to you?  

So if some of your restrictions are no longer enforceable then you can 'violate' those without fear...another common one is no additional dwellings or structures which would apply to ADUs, where I am they are legal state wide and cannot be restricted by HOAs or private restrictions.  

I am a Subto student and have recently opened my businesses - Purple Reef Holdings & Purple Reef Properties.

Their slide deck, 85 pages is on their website, They believe that they will increase the properties NOI by 45% over 5 yr hold, mostly through rent increases after doing 5K interior upgrades in all 252 units, thus adding 19 million to value of property.

Additionally, evaluating your finances, searching for properties that meet Section 8 requirements, negotiating with sellers, preparing for Section 8 inspections, applying for Section 8 approval, and effectively managing your property are all crucial steps.