The Justice Department’s acting assistant attorney general, Doha Mekki, put it bluntly: this case is about ending the practice of “putting profits over people.”

And even if they do, they can change that at a monthly BOD meeting.Plus, since you are going to have to hire out the 1) Property Mgmt, 2) Repairs and maintenance, and 3) cleaning, your profit margin is going to be very slim, particualry in a condo (which will have a much leaner net profit than a basic house.Not trying to be a downer, but I'd suggest looking at another avenue for REI. 

I was wondering if a manufactured home would be an economical and profitable solution. 

With over 20 years of experience as a mortgage expert and real estate investment veteran, we leverage our mortgage company to secure below-market financing for our clients, ensuring maximum value and profitability.

I do this at least quarterly for some of my clients and they like being able to see the profit and loss reports. 

I’ve developed a Comprehensive Investor Report (CIR) for a property in Palm Coast, FL, designed to be transformed into a luxury rental asset while serving as the foundation for a scalable asset management strategy.Here’s a quick snapshot of the deal:Property: Red Birch Lane, Palm Coast, FLCurrent Value: $350,000+Mortgage Balance: $165,000Current Equity: $185,000Investment Required: $177,500 (for luxury upgrades and optimization)Projected Monthly Rent: $4,500 with 2% annual increasesTarget ROI: Full 1.5x ROI for investors achieved in 9 yearsLuxury Features: Smart home automation, designer finishes, professional-grade kitchen appliances, and more.I’ve also structured a capital distribution plan with a waterfall approach:8% Preferred Return for investors.Full Return of Capital to investors before profit splits.Post-ROI, a 20/80 split (Investor/Management) ensures long-term alignment.

The fact that you’re leveraging your background in property management and deal analysis is huge, especially in a city where margins can be tight, but the upside is massive. 

I proved to them lending me their money was an easy way for them to profit themselves.

It worked out beautifully... they met their deadlines and profit goals and had the break they needed.Perhaps selling one property sooner is the solution?

PITI is currently $600, so decent margin.