7) What tips or advice would you give to someone cold calling for the first time?

We operate across the Southeast with homes in Memphis, OKC, & the DFW Metroplex.

What are the Best Practices in Planning a Tiny Homes Community?

All,It is my understanding that I can not use a 10% second home loan and put it in an LLC to reap the tax benefits if I STR the property most of the time.

After construction is complete I would do a cash out refinance to pay off the heloc and then rent the home with hopes of it cash flowing and appreciating in value.

Same way you have a HELOC on your home, you can take out an SBLOC against your investment portfolio.

It would be wise to order a home inspection from someone who does duplexes.It would also be wise To order a sewer cam inspection.

If the property needs capital improvements and as it stands is worth over 125k I could see a lender potentially issuing a rehab holdback against the ARV..

I would generally try to avoid insurance claims if you can because insurance is getting out of control nationwide, and we are seeing in FL, TX and CA that claims can follow the house and/or you and make it very difficult to sell the home in the future.Within the mortgage expense category you have 4 separate charges: principal, interest, property taxes, insurance (if you escrow taxes and insurance which 95% of our clients do). 

We also own a single-family home with a detached garage and a separate lot that is currently secured with the mortgage of the single-family home (we've owned this for 10 months).