Your team will consist of your real estate agent, lender, HUD Consultant, and general contractor - PLEASE MAKE SURE EACH MEMBER HAS DONE THIS TYPE OF LOAN IN THE PAST.I wish you were in Chicago...we'd love to help you on the renovation side, but have not expanded the general contracting business to Dallas yet. 

Rents are mostly at market rate, and are for the most part, fairly consistent around the city.

Duplexes, triplexes, or even small multifamily properties can provide consistent rental income while appreciating over time.

Some spots in the country just consistently go up in value

Has been a consistent LTR for over 15 years now!

If I let them run loose it would probably be 5k-10k a year in unnecessary costs.Also the work does come in spurts so it isn't consistent.

Mobile home parks can provide consistent income, and if you manage it well, they could become a significant source of cash flow.

I'm not sure, but I would think that could also apply for when a contract is not consistent with the law.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

They do have some options for building up (see three story image below) but we created an apartment that consists of studios units, in the standard 16x74 foot modular home rectangle.