Ranch style, on 1 acre.

That's not my style. 

There's a occupied 3/2 in the front, with tenants who will move July 1 and a 1/1 California style bungalow around back, recently vacant.

AndI can't quite get my arms around it why this style is so popular.Anyway, look over this article about "experimental rental units."

That's 180 dollars a year x30 years and that's about 5500 you've made extra, now to some that may be chump change but money is money, and if you can gain 5500 dollars and have a positive cash flowing asset, and at the end of the day own one out right why wouldn't you?

It really comes down to your learning style - whether to go online or classroom.

He would last 30 minutes of his business day grab a few of the complaint forms at Nestle and call the peron. so he would get on the phone and say this is Mike I am president of Staufer foods and you had a complaint about our mac and cheese.. he was talking to a house wife in Kokomo or some other city.. take notes then discuss at management sessions... lots of take aways from his business style.

It may reduce the reason you have for your LLC to go through the style of funding you are proposing. 

Maybe searching for a partner and get right into new build projects.. or do I need to prove myself on a few more smaller renovation-style projects?

My style has been to only buy something I would live in, which typically landed good tenants that I can easily relate with.