Looking for advice

[Elliott Sanchez]

Hey BP-

I am acquiring, with subject-to financing, a 2001 Palm Harbor MH (4 bed+study, 3 bath, 2400 sq ft) on an acre lot. The home has newer roof, newer HVAC, and 14 yr old septic system in good condition. It is in an area with several mobile homes on large lots and about .5 to a mile away from new construction homes and a new hospital. I am looking for advice, and a strategy, on how to maximize my returns. I have acquired the MH and property with my SDIRA. Oh yeah, the seller at this time doesn't mind how long I hold on to it, and there is 15 years left on the note.

I was considering selling the property with seller financing but I don't think this is the best option, yet. At this point, I think I will rent it out for a couple of years, especially since I have newer systems on the home. Then in a couple of years sell the home and property with seller financing. This is my first mobile home/land deal so I don't know what I don't know. Please share with me any thoughts and strategies on how I can maximize my ROI.

Thank you in advance for your time and advice!

Elliott