On Episode 3 of The Alchemists, Evan Rundle sits down with Brian Koons—Former Head of Development at ADU Geeks, small-lot urban infill developer, musician, and former US Marine. We delve into VA loan house hacking, the San Diego Bonus ADU program, underwriting feasibility, and the mindset/leadership skills that translate from the Corps to real estate. If you’re eyeing ADUs, boutique-scale infill, or turning a 1–4 unit into a cash-flowing asset, this is your playbook.What you’ll learn:• VA Loan House Hack: how owner-occupied loans (including 0% down VA) can launch your first 1–4 unit deal• Underwriting in the real world: qualifying income, rental appraisals, and why lenders underwrite long-term comps• Bonus ADU in San Diego: how code changes expanded unit counts—and what actually pencils• Brian’s “Golden Goose” deal: distressed SFR in a single-family neighborhood + 2–6 ADUs (why he avoids overbuilt, high-density RM sites)• Operations vs. brochure math: vacancy, turnover, management reality checks• Mindset & leadership: conflict resolution, simplicity complexity, and moving from “push” to “pull” motivationChapters:00:00 Cold open + setup01:10 Meet Brian: Marine, musician, developer04:30 VA loan house hacking (owner-occ rules, rental appraisals, DTI)14:20 Refinances, value-add, and what to renovate first20:40 Bonus ADU in San Diego: how policy unlocked more units28:10 From band to development: learning, mentors, and risk38:30 Operations reality: vacancy, turnover, underwriting sanity44:15 Mindset: leading well, breaking cycles, collaboration over scarcity56:00 The “unicorn” ADU deal (SFR + 2–6 ADUs in SFR neighborhoods)1:04:00 Airbnb vs. MTR with ADUs (what the loan allows vs. what works)1:10:00 How to work with Brian & ADU Geeks + resourcesGuest:Brian Koons — Head of Development at ADU Geeks. Specializes in small urban infill, ADUs, and practical underwriting with a builder’s lens. IG/YouTube: The Builder of Brian.Host:Evan Rundle — NOVIQ (STR → boutique hotel operator). We maximize guest experience and profit per square foot.Work with us:• Co-hosting/Boutique Hotel ops (NOVIQ): https://www.noviq.com• Evan on IG/LinkedIn: https://www.instagram.com/theevanrundle/Free resources:•Free Property Audit and Revenue Projection: https://forms.monday.com/forms/927223a17cba5951fe15172899caab97?r=use1Hashtags:#ADU #SanDiegoADU #HouseHacking #VALoan #RealEstateDevelopment #UrbanInfill #BonusADU #Underwriting #CashFlow #Multifamily #TheAlchemistsPodcast #EvanRundle #ADUGeeks #TheBuilderOfBrianADU San Diego, accessory dwelling unit, San Diego Bonus ADU program, VA loan house hack, owner-occupied loan rules, rental appraisal, underwriting feasibility, small-lot infill, 1–4 unit investing, SFR plus ADUs, Airbnb vs mid-term rentals ADU, real estate mindset, Marine to developer, ADU Geeks, The Builder of Brian, Evan Rundle, NOVIQ, boutique hotel operator.