Raising a mobile home is a common task that may need to be performed every now and again, depending on the location.

If you do not have someone you can call to perform the work at that estimated cost, it will be a struggle to meet your budget. 

The rental income can only be used up to the point that it washes out the monthly PITIA (positive net rent cannot be used as income), or underwriters can perform a cash flow analysis of the business over the last two years.

Track your deal performance on a spreadsheet.

Like @JD Martin said if you have the right language the seller must perform and close.

With property taxes being a significant factor in Texas, how do you factor them into your sales strategy? Are you finding it to be a major concern for buyers, or do they seem willing to overlook it in certain areas? L...

Work to get existing use performing again fully.6.

I joined for a number of reasons; education being a small part but gaining access to a well established network of like-minded, high performers in the multifamily world was far more important to me. 

For example, I had a client who converted a student property in a college town to a traditional rental, but the key was that the asset wasn’t performing well.

Even if I were to collect the late fees it doest’t materially alter my properties performance and my tenants appreciate the flexibility in the very rare circumstances where they are late.