when investors say deal, it can mean a variety of things.Not all investors invest with the same mindset.Some would be happy with a cap rate of 4%, some would only do 8%-10%, some do not care about cap rate and want to focus on appreciation after holding x amount of years.Some are focused on buy & flip, some are looking for holding on to a lot until a miracle happens in the area.The question is, what deals are YOU looking for?

Our Team Members at Flowers and Associates was able to turn this property around for the client and is now scheduled to moved in by a vet through one of non-profits we partner with.

@Robert Flowers How did you structure the lease?...

I need to start looking in AZ since its in my own backyard. don't confuse garden variety rentals and those tenant landlord laws.. with MHP tenant laws they are not the same. 

Cut the grass, trim that huge bush/tree in the front, put a couple flowers in pots near entry. 

Any input is appreciated ToanYou're getting a mixed bag of answers because the term "portfolio" is used in a variety of instances.A portfolio loan is one that is kept on its books by a bank, a correspondent lender or a private lender. 

If I need money this very instant, well I'm going to get less.I disclose and recommend disclosing the following;1) I am buying it with the intent to make a profit.2) Depending on a variety of conditions, I may or may not rehab it myself, I may partner or sell it.  

I have done direct mail to find houses, worked with probates and foreclosures, bought FSBO properties...a variety of methods.We managed the first few rentals, but were posted back to the UK, so we hired a property manager. 

The more variety there is to the number of major industries and types of companies in a market, the better their economic breadth is considered to be."

I recommend talking to at least 3 lenders, I recommend someone you bank with, a small local bank, and a big bank to get some variety in your options.