A knowledgeable broker can help navigate these changes and find the right coverage for your property.

If you do the deal, ensure you have your property taxes set aside, because with seller financing there is not an impound process to handle the taxes and insurance. 

The entire teachings had gone from Nickersons conservative but a cash flowing small residential property, hopefully for 10 -15% below market, do immediate repairs, then slowly over time improve the property and raise rents, either refi cash out or trade tax free for a larger property.

@Janine Sharma The decision to classify your onsite mobile home park property manager as a W-2 employee or a 1099 contractor depends on the degree of control you have over their work.

Happy to connect or take a look at your property to see what it may be able to rent for. 

Please check the zoning laws where you are on your property and double check your numbers (i.e.

There is a lot to consider before you buy your first property.  

I own 19 properties in Rhode Island and have found the Eastern CT market to have Rents just as high as Rhode Island with property prices 60% less and taxes 50% less.

It was my first property purchase, and ZERO regrets.

This is a great look cost preventative maintenance thing It also allows you to "inspect" your property periodically