I want to prepare my home for renting, and my plans are to buy a motor home to live in for the time being.

My exit strategy is to refinance into a Longterm USDA loan, after the Tax Map Key is issued in 10-24months.I plan on farming crops on the land.

The markets investors like you want to live in and invest in are often two totally different places, so don't limit yourself yo a single plan. 

I plan to simply get my permits and get the unit built.

Without plans and layout it is tough to say for sure! 

I am planning on doing a flip or a build in Phoenix in the next one to two years.

Cash out: $55,000All money out plus roughly $3,500 in pocket.... principal and interest $767/monthCash flow estimated at roughly: $200/monthMy plan would be to refi around year 4 or so before the adjustable rate kicks in.

If you plan to keep your current home as a rental, a home equity loan or HELOC could help fund your new home’s remodel while keeping your low mortgage rate.

I plan on becoming more active in REI groups both online and locally as well. 

If you are not planning to live in the property, then you are not going to qualify for an FHA loan.