I do anticipate more refinances this coming year since rates are looking favorable and so many balloon notes that have been on extension after extension will eventually need to be paid off. 

You will eventually want your nonpassive income to be flown through an S corp so you can lower the amount you pay into self employment tax.

Just a note - For your strategy of ADU you will eventually want to narrow the area you are in looking.

Your 'profit' will come when you own and eventually sell an all TOH park.Here are some additional bullet points that I follow for your consideration.1- The best buyer is the one currently living in the home. 

If no one bids the reserve, they will let the property stay out there until someone does bid the reserve at least OR they will eventually reduce it once they see they cant get the reserve. 

Count your no's and eventually you'll get a yes

It is also a little bit of speculation on my part that 1) home values will continue to appreciate at or above the inflation rate and 2) that eventually rates may drop 1 - 2% (I am at 7.5% on my most recent refinance) and will be able to do a cashout refi in 2 - 5 years.What are other's thoughts on this?

YOU know the seller, but the title insurance company and the eventual buyer do not!

So stocks are good but the issue is as you liquidate the asset depletes and till its eventually gone.

When I purchased here it was the opposite, I made an offer and it was low and they quickly said no and all my Realtor did was tell me to make another offer, tried to rush me, and create urgency but eventually the market came to me.