We didn't need to rehab except for a couple units when they became empty and we used cash flow (so no additional capital needed).The rents are now $10,700/mo and we are cash flowing well. 

Ok @Derek Stevens, now we are cookin' with gas!

After all, not every hero wears a cape some just know how to buy time!

The payments tend to be lower than a standard cash out refi, so if you end up in a tight cash spot, you have the flexibility to pay less for a bit until you get your bearings again. 

.: Quote from @Patricia Andriolo-Bull: I think we are in the minority.  

Mobile homes are cash cows and we are doing extremely well with them.

Plan my next day 6 most important tasks - I've been on top of this, but still a challenge to get them all crossed offPlus, most importantly, we have 4 projects here in Chicago we are working to bedone before the end of the year so we can start some new projects off on the right foot!

We are going to spend about 20K to bring it up to par but defiantly worth it. 

We are fair housing compliant regarding animals.Our tenants’ safety and the peaceful enjoyment of their home is important to us, so we do a credit/criminal background check on all applicants aged 18+, as well as employment and prior landlord verifications.

Communicate with your lender if cash flow is tight.