Then once you build up a general knowledge base and understand your exact strategy and the inventory available in your market then you can ask more specific questions to help you along the way.

It gains you experience with two solid CC companies.

I am in the historic cap rate camp, with an understanding of how the market has changed.

If you're penciling it on, on your buy that's a bit optimistic and you'll have to likely understand your house value would then appreciate re-creating a re-finance loan with a new & higher tax basis and insurance which would likely not make it as affordable as you are penciling in.My best advice is to look to buy a value-add, something on the MLS for longer days or off-market.

@Diana Zelada, you have to read and understand your sales contract?

Hi Lina, If I am understanding your post, you are looking to pull about $30k from your SFR to build a mobile home on the same lot where the SFR is located at correct? 

I’ve helped many investors with properties in Maricopa County and most are out of state so I understand the challenges and obstacles.

It sounds like you have a solid foundation with your professional background in media production and your voice-over business.

You up bring a solid point.

We have seen new builds in certain areas in Reno have solid up front yield (around a 5 cap) and have immediate growth in a short amount of time.