I lined some prospective new tenants kind of took my time, was picky, didn't find the right tenant yet, plus I had to get in there and paint/repair etc  but towards the end of the 60 days I was showing the place to some i thought was gonna fit and lo and behold the tenant calls me the day he suppose to be moved out and told me he changed his mind, going thru personal stuff and wanted to stay.

-is it a good time for a person with no savings and no experience to take out a HELOC or personal loan and buy a random property in a state they've never been to using 100% leverage because made up spreadsheet math assumes no vacancy or capex or repairs ever and rent growth of 9.2% a year until 2074? 

My guys do whatever I want as I give them tons of repairs/ reno. 

Areas with ongoing infrastructure projects can also indicate future growth.Condition of Properties: Look for properties that are well-maintained and require minimal repairs.

I’ve been working on mastering ARV (after repair value), but I still feel like it's a skill I haven’t fully nailed yet.

He says his average repair is $150-$175.The rental range for my units are $2300-$2550 (the latter would be with a dedicated laundry set up).

I feel it's a bit unfair and frankly I am not going to charge the tenant anymore than what the place is worth market rate because of its location and he is a great tenant (pays on time, keeps the place clean, communicative etc) I feel like i should even give him a break because he said he couldn't even be home since there was construction all summer due to building maintenance repairs. 

Air Conditioning UnitsMobile home air conditioning units can also be a costly repair.

That would take quite a bit of time to repair on the back end if that happens.Happy to help where I can, and good luck!

But things need repaired and replaced.