I live in Scottsdale, AZ, and home values have increased considerably since 2012 - as most have - and we seem to be getting to that point.Here are my interpretations (keep in mind, I'm very new to all of this).

I was there a few weeks ago, and met with an agent I met here on BP.I reread your original post, and interpreted that you wrote it because you feel like you've lost your way as far as achieving your short/long term goals:Short term: successfully complete the deals you're currently working onLong term: Reach $500K in passive incomeAnd then you mention there's so many different avenues, you can't decide on one.

My applications reads;“I, the Borrower or Co-Borrower will occupy the property within 60 days of signing the security instrument, and intend to continue to occupy for at least one year;”My Wells Fargo Mortgage consultant and I interpret living in the in-law unit as occupying the property.

That is how I am interpreting your question.What exactly do you want to do so I can give you a direct answer(s).

That jives with my interpretation. 

We interpreted the counteroffer meant the owner was not anxious to sell at our price, so we told the agent to contact us IF the owner decided to lower the price ..., and that we had an all cash offer funds verifiable now. 

I interpreted you to mean ~$750/mo income, or *about* $750/mo.  

Just wanted to make sure I'm accurately interpreting your response. 

If i'm interpreting that correctly, let me just take a moment to applaud you for actually PAYING for a GC's time and effort in providing you with good estimates for your repair budgets!

tenant may interpret that as part of them doing landscaping.