It might cost a bit to subdivide the present lot but there is something worth investigating (before you buy).4.

We didn't investigate because we are focusing on single family.  

It sounded a little too good to be true, so I'm continuing to investigate.

So the first steps would be investigate areas where you'd like to invest, get in contact with someone who can show you properties there, get in touch with some contractors and see who you'd like to use, and also get in touch with a local property manager, they can also give some insight. 

Just to add a bit of advice as an experienced 203k lender:Almost NEVER do I do the Limited/Streamline version or allow a client to do it- too much risk of a Contractor(s) or home owner trying to cram 50k of rehab into the 35k limit resulting in disaster.Always get a great GC who  can then find the subs on  a Full Standard 203kAs a Lender we Validate and Investigate the GC - calling references; checking credit lines, checking valid licenses, valid insurance, bank balances; business credit check and if need be a personal credit report on the GC; check for tax liens, Judgments and  other violations.

I drive several hours to investigate and find a mostly barren plot of land where fences, sheds and shelters once stood.

I’ve heard of the following ways to minimize these taxes…1) Combine some tax harvesting with the sale.I will be investigating this more but does anyone have any experience with this …any input?

I assume you are after that, since you are here in Bigger Pockets, a forum for real estate investors.That being said, I totally believe it to be possible to house hack in the Bay Area, although it is going to take some investigation and flexibility on your part. 

You might consider investigating cities like Lowell, Lawrence, Brockton. 

My advice to you is to investigate the matter more thoroughly to make sure your getting a good deal.