For OO owning it for 2 years of 5 gets $250K gains per spouse of tax free gain.  

It’s possible to start small, build experience, and scale over time.

I would have been told by someone about index services (with correct hours) before spending $40 in postage to overnight something to Springfield.Hope my experience helps a fellow investor.

Let me know if you'd like to meet up and I can give you my free advice no strings attached.  

Start with BiggerPockets Ultimate Beginners Guide (free).

Keep in mind, such an appraisal may not be able to be used by your lender, but perhaps you can request an appraiser with investment property experience (wherever they may be). 

So far last 5 years with PM_1 provided overall decent experience but not like excellent or great especially after mergers with big companies.8.

Also, at this time I had seen properties selling for 10 – 20% over ask regularly.Interest Rate 30 year conventional 7%Homeowners Insurance = $1,000 annuallyRents = $1,800 per monthWhen I looked at those assumptions, I would need to put down $80,000 on this house to get it to hit my cashflow goal of $500 minimum per month which equates to 35% down.Total mortgage + escrow = $1,267.13 per month with rents at $1,800 my monthly cashflow is $532.87.From my experience, after taking out vacancy and maintenance costs you are left with around 73% of that total cashflow number once the rental is established.People have asked why a $500 per month cashflow goal.

I made a few thousand less than expected but I figure that's just the cost of doing business sometimes.Based on my experience I wouldn't let the remote possibility that a homeowner might go into greed mode dissuade you from doing these deals.

Selling it to someone willing to relocate it, offering it for free to avoid removal expenses, or donating it for a potential tax deduction could be better alternatives.If she passes without transferring ownership, the landowner might have to handle the trailer’s removal.