For example, one poster above suggested you should use short cuts like NOI/price to figure out a the cap rate and if the cap rate is too low you don’t look into it any further.

The intention of this post was more towards asking a question rather than trying to find a note purchaser because I just started SFH and MHP investing not long ago and figured biggerpocket might be a proper place to post this question lol.

Overall, you're on the right track, asking the right questions as you figure out your strategy as you start.

When I researched and saw that an ADU can cost up to 6 figures I was shocked.

If so, you'll need to figure out why you're not making money - is it other operating inefficiencies or your debt terms?

Your wish list is more like a $350k property in Lakewood, Cleveland Heights, University Heights,Shaker Heights, et al.It's time to re-evaluate what is most important, and then work backwards to figure out the locations where you can achieve the desired result. 

Thank you once again and you’ve been really helpful in figuring all this out!

I haven't figured out how to reply directly in a forum yet. =)However, this is still early, I've only had access since Friday. 

I currently broker LIHTC multi-family for a large firm coast to coast and am also interested in MF in the Arizona submarkets as well, and will eventually invest on that scale - I just figure breaking into the state through SFH flips may be a more risk adverse way to understand the pros and cons to phoenix submarkets.

Myself and a friend are looking to get into investing in buying hold single-family homes. She would be putting all the cash down for the property and I'm a contractor and would take care of all of the rehab work along...