This is a beautiful story of buying a 4-plex with Day One equity of $70K while also pulling out all your up-front money.

Based on the info that I learned I put my home (a beautiful 3/2 in a perfect neighborhood next to all the sights you would want) up for rent, bought out my sister out on a home that my mother left us 50-50 (2/2 in a dream space of Miami), and moved into my girlfriend’s parent’s rental for $500 a month.

Based on the info that I learned I put my home (a beautiful 3/2 in a perfect neighborhood next to all the sights you would want) up for rent, bought out my sister out on a home that my mother left us 50-50 (2/2 in a dream space of Miami), and moved into my girlfriend’s parent’s rental for $500 a month.

Yes, there will be more repairs, but the beauty is that you can rent by doors inside the house!  

@Joseph ODonovan The beauty of commercial is that the tenant helps pay for the upkeep of the building - HVAC, parking lot repairs, lighting, and insurance.

No, that's not impossible to do in a hot market, thus the beauty of direct mail.

A multi-family would be great idea, al though the price per unit might be higher than a lot of markets in CA, San Diego is a beautiful city with great weather and tends to have great appreciation.

I'm married to my beautiful wife and we have two amazing kids.  

Basically I want to make sure that I have a strongly worded addendum to discourage any tenant from drilling holes, painting, or destroying these beautiful historical beams.

The other option is to build an addition with an ADU (accessory dwelling unit) finishing the house and adding another 650 sqft to the main house ( 3 bed 2 bath ) and a 550 sqft attached ADU (1 bed 1 bath).