Ferd Niemann is a popular lawyer for MHP transactionsMake sure to take your due diligence very seriously and get professional help if you don't have experience here.

The area i chose to buy the house in isnt super popular and I have had a hard time getting it filled Lessons learned?

These are prime locations, think near downtown or popular tourist destinations where demand for short-term rentals is typically high.

However, on my back burner is a direct booking site and I'm leaning toward OwnerRez (once I get through Ski Season).

There are obviously a lot of variables that come into play.I'm looking at developing a small 2 acre property that has already been engineered for septic and platted for 8 mobile homes. 2 MH are already on site with all utilities present, but for the 6 MH remaining that I want to put on site, the land still has to be developed.

Is it as simple as getting the site designed and engineered for the footprint, cleared and graded (all of which I am comfortable with), and then hiring a GC to build the building?

I'm a big fan of lakefront properties as vacation rentals, and the area these cabins are in is popular for tourists, so I felt confident in the deal.How did you find this deal and how did you negotiate it?

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I put supplies on the job site.

If you are interested in figuring out a great strategy to best deploy your 1031 funds I would be happy to share more information with you.The most popular markets for our investors are Memphis, Little Rock, OK and TX!