They're basically brand new propeties.

I’ll make $190 a month on it, not counting principle being paid down and 2-4% appreciation every year.

I use 8% (basically 1 month a year) as my baseline for projections but the reality for me is that I have had my duplex for 13 years and only placed 4 tenants so the effective vacancy is much lower.

Basically, the less interaction with the investments, the better.A Checkbook IRA LLC or Solo 401k will put you directly in control of the funds and eliminate the 3rd party layer.  

Any one on this thread  also be careful with lenders who offer money who cannot communicate in basic English..  

Learn the basics of real estate before trying to deal in real estate!

Obviously I wont learn everything before I need to close on my first deal, but the basics are crucial.

@Andrey Y.You may want to check out Principles of Real Estate Syndication by Samuel K Freshman and It's a Whole New Business by Gene Trowbridge.

I live in Albuquerque, and have an office in Rio Rancho.been doing all sorts of real estate for decades. why don't you reach out to me, lets set a time to sit down, and I can lay out the basics pretty quickly. and we can talk about how quickly you can find and acquire a RV park.

Re #2/3 So basically the borrower would look for the at the mortgage agreement for that requirement?