I'm a newbie tooSelf education through books is a conversation between the author (mentor) and you.You'll gain knowledge, connections etc but it takes timeAttending meetups, listening to Youtube videos on subject matter further broadens knowledge base

@Kris Lou Many factors go into PMC pricing:1) Locality (city/state)2) Neighborhood & Property Class (time to manage Class A < Class B < Class C < Class D)3) Property condition (slumlord properties hard to manage)4) Number of units (some economies of scale, but not as much as owners think)5) Owner expectations (some owners really want a personal assistant!)

Things I personally try to build before breaking into a new market.1.

She is a real estate agent but rents so no property to place a lien on.Need to know a couple of more details first: Is/was the mobile personal property or real property?

It can come from a personal investor who will negotiate terms, or potentially a piece of the equity.

Awesome conversation! 

This conversion will begin at the end of the month.I am just sharing the above to give context to my level of experience with this type of investment.I look forward to hearing from you all.

Your personal loan has a 5 year balloon period.  

@Enrique Toledo  If the seller is firm at 10% down, you can always get a personal loan for that 10%. 

Additionally, if your goal is to maximize personal financial benefits, consider profit distributions from the property-owning LLC, which may provide tax flexibility depending on your situation.By adhering to FMV, maintaining proper documentation, and structuring the lease agreement carefully, you can optimize tax benefits while staying compliant.This post does not create a CPA-Client relationship.