We can also discuss which locations tend to command higher rents to help you achieve the best possible return on investment.Let me know if you’d like to set up a time to chat—I look forward to connecting!

This will give you some info so they are not guessing on what will be needed (they probably already know rough numbers, but each project is different).

Any thoughts/opinions would be helpful!

As @Terry Ouimet said...when you start off a project (or anything in life) from a bad/illegal foundation, it will never be right2) Yes absolutely we need to bring back or start anew with a proper green card/work visa program so we can get all of the LEGAL help we need in this country.

We may find a handful of deals this year. 

Cities and communities are also cracking down on people using homes for this.

Quote from @Frank Flores: For a rookie with low investment capital, what investment strategy would be best for me at this time?

This is how I would go with your projects. 

But there is one exception to this. 

You rarely will get both (at least not right now in this current market).If you want to explore different opportunities within various areas of the Valley, get a seasoned investor-friendly Realtor who is competent.