Good afternoon everyone,I conceder myself somewhat a newbie at this, I currently have 2 properties, 1 I live in the other is rental.

Of all the coastal States (Cali, Florida, Oregon) I've lived and invested in, by far the lowest carrying costs are in the latter. 

The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.

Tenant lives in a 2bed/1bath apartment. 

The downstairs unit (1 bed/1 bath) I'm currently living in but I need to move back to Los Angeles at the end of the month.

First time home buyers can buy a place with 5% down (if they are living in the home). 

The plan here is to have a local (RV Certified) tiny home builder do the marketing to attract buyers that want to buy their tiny homes (cash or 25 year financing) and live in this park, until there are 44 pads occupied by tenant-owned tiny homes, paying $750/mo lot rent, on 1 year leases.

We got it for $635k, thinking we'd be able to rent out 2 of the units (including basement) and live in one.

Get out of your comfort zone.

So I suggest getting a ‘best guess’ figure based on several sources (Airdna, Rabbu, STR Insights - don’t rely on just one) and then build in some conservatism and see if you are still comfortable what your pro forma kicks out.