I was hoping to possibly occupy the space for ayear while I revamp the property to suite my needs and then take on the mortgage.

@Laura Kayes As a first timer, and someone who has lived in SoCal his whole life, getting to know other markets is not going to be my strong suit.

Outcome (Best Case) You win/ they drop the suit, the partner has to pay your legal bills.

Been lurking around BP for a while and recently decided to become a member and start to learn more.I've started to look at investments in duplexes in the SF Bay Area and wanted to get peoples thoughts on whether funding a first time investment into a duplex is better suited to a HELOC or a conventional mortgage? 

Again, decide which one suits you best today.2) Select a niche within the passive or active options.

If you upgrade to the Pro version here, there is a fantastic calculator suite that has helped me get a clear picture of the deal I am looking at and a great way to present the deal as needed.

I am writing this post to gather some insight and advice from the community on my plans to value add through a possible master suite addition and bathroom.

Find one that suits you.Hope that helps!

NPV, IRR, DCF, MIRR are much better suited to what you want to do.

Perhaps you don’t build a 4-plex but they might allow in-law suites and that would give you essentially 4 units on two lots.