Deal 2: Duplex (older home that needs TLC in good location)Purchase price: 120k, Rehab 40k, Total all in: 180kExpected Rent: $2,400/month to $2,700/monthDeal 3: 5 Plex (is that even a word?

All of which, I’ve purchased within the last 4 years.

Any amount you purchase less than you sell, or any amount of cash you take out is considered to be profit. 

Delavan has come a LONG way recently and prices are shooting though the roof both for rents and to purchase. 

I seriously looked into purchasing a few years back in Valencia but decided ultimately the US had more potential.

Also, you can possibly take equity out of your current properties instead of taking out a construction/hard money loans.Purchase and Rehab Financing:If you are doing simple purchase and rehab (not ground up), then it's not that hard to qualify and you just need to right broker/program.

Obviously, they, or the co they financed, purchased these brand names that all other major brand companies passed over.  

I’m interested in purchasing an investment property with equity I’ve developed in my current home, however I’m concerned that if I have an issue renting out the new home it can blow up in my face.

Have you always invested in owning the parks, or have you purchased some individual mobile homes in parks you haven't owned also? 

Quote from @Yash Shah: Hello everyone,I'm new to this group and would love to hear your thoughts on the pros and cons of purchasing a corporate or bank-owned home.