The $50k cash flow by itself does not provide the full picture.If you are making $50k cash flow on a highly leveraged property, you should definitely repeat the process and hope to achieve similar results.  

It covers the existing structure at the Actual Cash Value (depreciated value of the building). 

Besides whether this can be permitted by-right, the site work and type of structure are huge variable as is unit type.

Im in the process of buying my first property.

.- Crack down on the building regulatory, permitting etc…process.

I'm thinking of going with Mark J Kohler's firm, but they have not yet confirmed they are able to create a structure like this or something similar.The more I read about this matter, the more confused I feel on what to do next.

There's not a lot of online tutorial for setting up QBO in real estate industry so your best bet is to hire professional to set up the books and the process and teach you how to use it.

The length of time the deed takes to get recorded with the county which has also slowed the process of getting the water transferred to my name and 2.

Just went through this process myself and opted for a HELOC.

I am not an expert on that process, but the question remains:  why are you entertaining taking this additional risk?