What are your risk mitigation strategies?  

I am leaning towards BRRRR investment strategy right now but I would love to hear advice on something that might work better in the military.Robert

I have checked the data on AirDNA but couldn't see the entire data since I haven't subscribed the membership.I am also interested in finding out whether my house in King City is suitable for applying for Secondary Suite program ( we have an unfinished basement with seperate entrance) and any other strategies to increase the income stream on the property?

We will hire out this CPA firm to do all of our bookkeeping, tax strategy and owner share distribution/ payroll.

There's lots of strategies pick one of two and go all out, and you'll get something done. 

I was to put $40,000 into the deal with 8% return.Our exit strategy is to turn it into an Airbnb rental.

So glad you found Bigger Pockets early in your journey - I love the strategy you and your wife are following.

I’m thinking of going forward with a single-family house buy & hold strategy and do trade-ups for multi-units property in the future.

@Derrick Gordon Just sent you my spreadsheet I use for estimating costs and selection of strategy for the property in question.

My family business strategy focuses on underperforming assets that are value add using cash at sale.