Real Estate CRM software stores organized data about leads and customers, such as personal information, communication, and purchase history.

My question is - what is the best strategy for utilizing my home equity and buying my first rental?

As a custom builder for decades, I dealt with this way more than once, especially with new subs that had not worked for me before.Back in the old days we used to just go with a verbal ok, but in the last 20 years or so, it is imperative to have a written CO (even an email sent from the jobsite) from the Sub and then I would add 20-25% and submit a CO of my own to the customer.

Keep in mind turnkey companies do get bulk discount from their subcontractors and vendors, some company pocket the discount for themselves, some company pass onto the discount to their customers and offer a great price.

Especially if you get a long term resident in the ADU and then you might can utilize them to help on your turns of the MTR. 

I see a lot of posts for furnished monthly stays where owners are fretting over utilities and how to ensure a tenant doesn't abuse their being provided.

If we made a mistake it was not utilizing our mentor even more.Deal analysis is something like this:Deal 1  sold this week at auction for a loss, probably a $4,500 loss, this is in my profit calculation.Deal 2 Bought for 20k sold for 45 with 10k down and 35k financed for 8 years at 8%  I counted this as a 45k asset but probably should have only counted it as 35 since the 10k has been reinvested and is reflected in other assets.Deal 3, bought for 10k and foreclosed on a non performing borrower, we will be all in for under 20k, and should sell for @ 45k, maybe more if we do owner financing.  

Some people have been asking me about villas and I figured out that I could use our infrastructure to build for them (on spec) as well.Let's assume that you're my customer.

Utilities are typically $350-450/month for a 3/2.If you have any more questions feel free to reach out!

This way you're able to utilize conventional loans, each of you are allowed 10 of those.