When my wife was pregnant in the summer and had the baby and stayed home that summer , I had the electric bill from HELL .

I intend to use this property as my primary residence. i currently rent an apartment where I stay right now.

@Nathan LandsIMHO, the lower you stay on that range the better you’ll do.

I have had a lot of people tell me to stay away from conversions as they have bad vacancy rates, do not rent as well as traditional duplexes and are a lot more work than traditional duplexes/triplexes ect.... 

And I stay pretty busy here in the city, so I’m not sure I would be ready to do an FHA-loan house hack and relocate.

I would stay above board.

If not it is always best to stay conservative when analyzing deals. 

What happens to the returns if you stop self-managing and are you okay with that as you scale or would you prefer to stay small and local? 

I got so wrapped up in those deals and still working 40+ hrs a week I didn't have the energy to go to the REIA meetings or even log into BP.I think I'm getting the hang of things now and hopefully will have more time to stay in touch with the BP community.

@Michael Cheng I also suggest staying in the bay area market.