I’ve found Investing in Real Estate 7th Edition and What Every Real Estate Investor Needs to Know About Cashflow and 36 Key Financial Measures to help me understand the concepts of analysis by leaps and bounds.

If all goes as planned on the numbers of MHP investing I plan to scale it up significantly so I want to measure twice, cut once on the software.   

I am not boasting/bragging but I am a bit offended that you would say such things to me when I seem to be having a nice measure of success in this business. 

If your MHP is grandfathered then setbacks are a bit of an art form instead of firm measurements. 

I have used 3 different lawyers, several real estate agents and list goes on.I wish you all the success and prosperity in your venture... just make sure you measure twice then cut once!

Although you may find yourself frustrated with limitations of cash only growth and be tempted to leverage the cash assets - again not a problem in measured amounts as you said.The run up of your CA property has positioned you to take advantage of this right now which is a rare combination of events happening only in a small portion of a macro market cycle.  

The fact of the mater, I think it would take a minimum of 5 years of consistent persistent focused action as well as a measure of luck to come up with $1M when starting with little to nothing and working part time. 

Most SFH and small multi investors don't use cap rate, that's really more of a commercial measure, but you could use it if you like, just be consistent about how you calculate it and come up with a number that works for you.

Both rented and positive cash flow.Subject Property:  Traditional detached SF property in NJPurchase amt 410k10% down (don't have funds to do 20% unfortunately)While I am confident in my mtge guy, for prudent measure I wanted to check w/ the BP community to confirm the following..Freddie:  'My income is too high' (Can certainly give figures, but not sure how to break it down.. 2017 salary + bonus; Rental income, 2018 salary formally approved and documented, but not effective until July; and 2018 bonus (which I have received already)FNMA:  'To get a second FNMA mtge, I need to put down 20%' (which I would like to do, but cannot come up with an extra 41k)FHA:  'My only option' (with the 1.75% upfront PMI and monthly PMI for life of the loan). 

These two measures have afforded me extreme unit uptime.