Hey BP Family,A neighbor of mine passed away about 2 months ago and I have been trying to contact the family (trust) to see if they were going to be selling the property.

I can save $9,000 a month and I am thinking of scaling but I am unsure how. or even to what. mobile home parks?

My SBLOC requires that I pay it down to $0 once a year and keep it at $0 for one whole month.

They usually have a step down on that penalty like 3% year one, 2% year two, 1% year three and so on and so forth.So if you are buying a deal with the intention of rapidly increasing it's value in less than 24 months in order to refinance it and pull your cash out, you might want to go with a credit union for the acquisition financing because FCUs are barred from charging pre payment penalties.I could talk about this for hours about all the nuances but my fingers don't type that fast lol

The only problem is that he was working on the house for almost 4 months.

The return would be $50K profit per deal in 5 months.

The property has a massive 900+ sq ft attic with very tall ceilings that would make a perfect 3rd unit potentially grossing another $1000 per month. 

A few months ago, I ran into a lady who has been going to seminars and REIA for more than ten years.

I found a free monthly timesheet template that eventually worked great for me.

That is in addition to clauses that require anyone that stays more than 7 nights in 12-months to apply (then it becomes our choice if they are treated as a temporary occupant or tenant) and prohibition of subleasing.