Either go all-in like Brandon suggests - 100% business use and super depreciate your already rapidly depreciating hunk of metal to help offset the awesome income otherwise being generated from your business - or drive the cheapest vehicle that will get the job done and track your mileage.  

Another way to look at it is, the total rents that can be generated from the property must at least be able to cover the PITI payment.

With a house you have options to generate revenue- with land not so much, which is why it gets hit harder during a downturn.

I don't think you are going to find any properties in McCall that will generate 20% CoC. 

You're definitely in the right place, and I'd like to congratulate you on getting started.Through the knowledge I've got in this community, I've been able to get into real estate, and in the past 4 years, I've generated over $1M in net profit by wholesaling vacant land.

You can set up a management company if there's a purpose, such as generating qualifying SE income to fund retirement accounts and such/I highly recommend working with a REI tax strategist to make sure both of these are appropiately setup.

So, even if the the SD property was generating the exact same positive cash flow as the Raleigh one, you'd be seeing 4.05% less of it.Hope this helps...

See article here: https://www.sandiegouniontribune.com/news/politics/story/2020-07-21/san-diego-approves-regions-first-tiny-houses-law-to-help-solve-housing-crisisI’ve never heard of something like this, but does anyone have any opinions on this as a future way to generate more cash flow?

We kept it for a while as short term rentals generating $96,000 per year.

Ultimately we've decided to sell because: the cash flow would only be marginally positiveeven with property management in place it would be a hassle not worth the $/hr it generates, and pulling out the equity will allow us to put that equity into more syndicated commercial deals.