We are starting to pull market condition numbers like employment rate change, vacancy rates, income rate change, etc. as the first pass before diving deep into a city to look at specific neighborhood data.

Got to screen out the losers Doesn’t that work with better locations as well, where you can find properties that are distressed, forclosure, or have a motivated seller that you can get with a deep discount, which makes the cash flow numbers make more sense?

In all these instances, the bank accepted my offer at a price they agreed to and I had no contingencies, I was the buyer along with my “partner buyer” who I named beneficiary of my trust.You continue to misconstrue what I say or what I mean and I can see you are dug in deep on your position so I won’t bother pushing you off your soap box any further.

After listening to COUNTLESS bigger pockets podcasts and reading a whole lot of real estate investing and business related books, I'm on a mission to dive deep into RE investing in The united states as well as in Iceland!

It’s outside the house, so you’re not touching/breathing/interacting with it.

AS stated above MHP and MH in parks usually have a separate code to go by.. my experience in the deep south though is very landlord friendlybut on the west coast not so much.. to very tenant friendly.

We added value to this deal by making the following cosmetic changes:- Repainted the entire unit- Updated all outlets and covers to be uniform (a few USB where applicable)- Updated all light switches to 'flat panel'- Updated kitchen cabinet and drawer hardware- New stove & range- New sink outlet- New kitchen ceiling fan- New toilet- Deep clean & high quality post/advertising to emphasize the value the condo has to offer What was the outcome?

Now before I dive deep into how much work this will be, this deal is the culmination of 16 ish months of hard, persistent work.

Here's the simple math for a BRRRR: Buy a distressed property for $75k, put $25k in to it and you are $100k deep in this one deal.

In my case too, I'd be dealing with a deep well because the grade is right up to the sill there.