@Saul Moreno One of the most important rules is really to know yourself and have a impeccable personal discipline.

Not necessarily but more like an institutional lender that doesn't follow Fannie Mae/Freddie Mac rules. 

The RMLO will provide you an underwriting  package with the following items: STATEMENT OF COMPLIANCE QUALIFIED MORTGAGE REPORT CREDIT REPORT PROOF OF INCOME REQUIRED LOAN DISCLOSURES SUPPORTING UNDERWRITING DOCUMENTS CLOSING DISCLOSUREThis underwriting package will also help you sell your note for top dollar if you ever choose to shop it!

The CAP rates one new construction are much lower and a lot of times builders will offer move-in specials to get higher rents than the market will support (ex. 3 months "free" rent at 1.25x market rate). 

So the max gross rents from the park will be $315x18 = $5,670/month (tenant owned homes).If I paid sticker $289k that's the 1.9% rule.

I’ve been trying to find deals that will benefit me 3-4 years down the road when I move out and rent both units, here’s my question: is there an equivalent to the 1% rule when owner occupying?

Once you know your purpose, setting your goals and investing criteria to help support that purpose become clear.

Aside from that, my reasons for choosing Charlotte were that :It has a strong economy with a variety of industries & a growing tech sceneThe avg rent-to-income in Charlotte is around 27%, which makes it pretty affordable for tenantsThe rent to home price ratio was relatively high (2% rule, though it looks like it may need to be more of a 1% rule, as with other places)It's generally safe, with crime trending downward over the last 10 yrsNet inbound migration was highHome appreciation was up, but not ridiculously so like some other markets (like my home state in CO)It's near to several other potentially attractive markets if Charlotte _didn't_ work out for us, like Raleigh, Nashville.All these factors lead me to believe Charlotte is going to be a good place to acquire buy & hold rental properties and try my hand at a new business.

. $14/night AirBnB tax, and letting renters pay their deposit over the first 6 months of the lease, among other ridiculous laws), as well as increasing my property taxes 25% this year to pay for their wasteful spending, versus a more conservative government in Phoenix garnering less property tax and more relaxed rental rules.  

I have purchased my primary a few times and yes I have plenty of equity which I will not use to invest with, it's a rule my wife and I agreed upon many years ago. you still haven't addressed my questions regarding a mentor.