Aims for a balance between cash flow and potential appreciation. 

It turns out that nothing is more of a waste of time, energy, and money than this, money that could have been spent elsewhere.

We serve plenty of flippers/wholesalers who make around $500k/yr and some are higher.Once your salary is replaced (or a good portion of it), then stabilize the flipping/wholesaling with a great team so it doesn't require as much of your time/energy.

They contain shortcuts to knowledge and potentially community. 

To qualify for active treatment and unlock potential tax savings, you must meet the material participation rules outlined by the IRS.

@Mohamad Guene Investing in mobile homes near a university can be a profitable strategy due to affordability, high demand, and strong cash flow potential.

Thank you for putting it out there and potentially saving someone else in the future. 

@Kyle Cross, correct me if I'm wrong, but I think maybe what you're getting at is potentially pitching to your parents that you would like to take a shot at personally managing the units to gain experience and some form of compensation.

It’s gotten me seriously considering bringing an attorney in-house to handle evictions and other legal needs moving forward.I’m evaluating this from two angles:Cost Efficiency: With the expense as high as it is, having in-house counsel could potentially reduce costs over time.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!