I read that some appraisers do go about .25 miles from the subject property to produce a comp value, but in the particular neighborhoods I'm talking about there are 3 month or less comps on the same block.

We work with distressed properties around the UA area, which produce very lucrative investments. 

If not structured in this manner, each and every entity must produce a tax return (assuming they are partnerships).Additionally when structuring future entities with investors, the Parent LLC can invest in a new sub LLC.

Action produces results.In your case, perhaps the most important aspect to learn is how to locate and partner with private lenders.

It can produce some good ROI but there are specific parts of it that seem to do better (I favor properties closer to Cherokee; lots of investment going near there).

But, they have no bearing on the actual value of an income-producing asset. 

While your California dollars will go a lot further here (buying more house/yard), they wont produce the same revenue that they would elsewhere.

Its my intention to keep her at home with me as long as I can keep her healthy, happy, safe and comfortable. 

What's the best indication of a healthy rental market?

At that point, now your license can be a producing asset.