Now, if you're buying in the name of the LLC and you're doing a DSCR deal, that will be irrelevant.

I have never built a home before and I do not have 'construction' experience aside from renovating my own spaces (so i do have experience- just no formal experience). 

Learned all the lessons needed on this one for sure.I am now feeling the positive pressure from the huge mistake and looking to leverage all the resources I can to make sure I do long-distance real estate investing the right way from here on out.GOAL: I plan to purchase 3-5 SFH to hopefully cashflow $2,500+ in the next 2-3 months.

now, if you've boosted the ARV of the house via the rehab to 200K, you can do a cash out refinance, and put a long term mortgage on the property that is paid monthly.you will get "cash out" (minus closing costs) at closing. 

There are may other ways to do it but the point being, you are not only buying a primary residence for you to live, but it also is an investment because it is bringing in money for you every month.

I do find it bit hard to wrap my brain around the numbers, but overall a really great product.

Boy do we miss those interest rates!

@Zachary Freeman- How do the utilities work on the tiny home?  

There are DSCR lenders that can do the lower price point, however the rate and fees won't be the best. 

Do everything according to what is required, have everything in writing.