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Crunching numbers on deals
I have been looking at every property that I have been able to from the mls, Zillow, Craigslist and any other sites I can come across in the 83605, 83606 Caldwell idaho and even the Boise market. I have come across one that is a manufactured home that interests me. Current asking is 66k. If this were a normal stick build residence I would be all over it. Has anyone done a Manu home as a rental? I am looking to buy and home for rental to start my property portfolio. Any advice would be greatly appreciated. The rent for the area that it is in would be roughly $800/month and it would take 2k to get it back to rentable status with new flooring and some paint.