Quote from @Victor Yang: If I gift a house, what amount will go towards the lifetime gift limit, the amount i purchased the house for, or the current FMV?

Nice to meet you I'm almost halfway through "The book on rental property investing" by Brandon Turner and it's really open my eyes to real estate! 

It's good to see it through each season then you;ll have a better idea of what to expect. 

Quote from @Owen Wang: I am 17 years old and will graduate high school next year.

I have the TIE!

Even a single family builds can vary significantly based on site conditions and required structure/design.

I do not understand your remark as related to the DSCR loan.  2 ADUs are not allowed by f/f conventional financing but is not always enforced.Fortunately if you stay with the current tenant without a refi, by the time you pay principle it is likely the rent will have increased enough to absorb the increase mortgage payment. 

You need to determine the best route for each deal you do. 

I figured the PM would definitely be local to the area of the property and would need different PM's for each area, those were just the areas I'd like to invest in. 

Always good to look at the setup and look at the meters while you're visiting the property.