Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $700,000

Cash invested: $32,000

This community consists of 16 spaces, 4 Tenant Owned Homes, 2 Vacant Spaces, ...

@Logan M.have you tried Mobile Insurance?

On the inside, the apartment was left pretty dirty..greasy stove from oil being over heated, dust all over ceiling and walls(an impressive amount), wall stains from what looks like candles or incense burning?

I'd suggest reading up on the topic on the forums, where you'll find many examples of inexperienced investors crashing and burning hard trying to do out of state (OOS) REI...the story is usually the same--they had no experience with REI, they couldn't find any cashflowing properties locally, but they saw that properties in other states (often the Midwest) cashflowed well on paper.

I also have some newly acquired mobile home parks that I would need some guidance on.

Online Banking and Mobile App Access: Efficient management of finances is crucial for real estate investors, who often need to make transactions or check their account balances while on the go.

Got so burned

Unfortunately my credit took a huge hit because I co-signed for someone’s vehicle and got burned with them missing 8 payments.

If you are part-time, I wouldn't do this because you won't be available for them or know enough to help and will burn the friendship.I would have to know why you got your license to tell you what to do first.

The local laws are loose, and we could dd 2-3 mobile homes on the lot.