Purchase price: $275,000 Cash invested: $300,000 Sale price: $1,300,000 Luxury build in the city of Bellaire, ongoing project.

Quote from @Raghavendra Pillappa: Quote from @John Underwood: What if the county/city will not approve a bigger septic tank?

I do think Kansas City is also great for cash flow and there are great spots for appreciation as well.

On the areas that it says you serve it doesn’t name Tulsa, but it does name Oklahoma City

One thing to consider on developing new MHP is that if cities don't want them they can make it very difficult to build new ones.

Same w/ the folks down at planning & zoning, they're super helpful. i'm in knoxville so happy to talk property specifics. sounds like a cool play. you'll be fine as an owner occupant and city STR rules.  

I didn't have much money, and not much experience but I used my background in finance to put together a syndication and buy an old office building and drive thru on .59 acres with the purpose of developing housing.My passion was creating housing in a city with under 2% vacancy and skyrocketing housing costs.

So if you're looking at Kansas City I'd recommend speaking with him as well.  

Just closed an off-market 8 plex for a cash 1031 exchange buyer near Reno, NV in Carson City. 

Portland is similar.Bend has a ban on STRs in the much of the city.