The numbers look good:Location: Broadway HouseNumber of Units: 1Rent: $1,350.00 Square Feet: 1,666 Upfront Costs:Cost per Unit $95,000.00 Price: $80,000.00 Cost per Square Foot: $57.02 Cap Improvements & Repairs: $15,000.00Cash on Cash Return:19.84%Total: $95,000.00 Debt Coverage: [minimum 1.6] 1.78 20%Down: $19,000.00Capitalization Rate (ROI)9.05%Current Assessed Value: $29,666.00 Loan Amount: $76,000.00 Net Cash Flow per month: $314.08 Interest: 4.88%Net Cash Flow per month per unit: $314.08 Term (yrs): 30Total Rent/Month: $1,350 GROSS SCHEDULED RENTAL INCOME: $16,200.00 Less: Total Annual Debt Service: $(4,826.40)Less: Operating Expenses: $(6,470.63)Less: Vacancy and Credit Losses (7%): $(1,134.00)NET CASH FLOW: 3,769 NET OPERATING INCOME - (NOI): 8,595 INTEREST: 3,680 DEPRECIATION: 3,455 NET INCOME: 1,461 Property Insurance: $1,000.00 Property Management (10%): $1,620.00 Placement Fee(30%): $405.00 Real Estate Taxes (5.06179%) $1,501.63 Repairs and Maintenance (12%) $1,944.00 Services: Snow Removal: 720 Utilities: Electricity: N/A Gas and Oil: N/A Sewer and Water: $30.00/mo Other

I'm looking at MH in Texas.  I looked at a recent rent roll and everybody was MTM. I  was told that most tenants go month to month after initial lease is up, but something about this sounds fishy. Does anybody know wh...

@Rachel N.

Duplexes being offered near linden (far west), n 12th and n 14th. 

Guy Varble said, “I use a property management software called R E N T E C D I R E C T and I just click the "syndicate" button and my property gets blasted out everywhere.

Theres a lot of mobile park in Anchorage, Alaska so I was thinking about going around with my brother n putting up sign on there door about buying their mobile home.  

Baldwin Fix n Flip -- On October 13, POL advised that "Our foreclosure attorney filed our motion for default judgment.

Thanks for a Greenville, N C recommendation.

I got in touch with a different realtor (my friend refer), i told him what i wanted to do and it looks like he's more willing to help me find what i need to do n walk me thru some of the steps.  

@Bart Hedgcock @Rachel N.