My question is if we are marketing this as land, is more value added from the 2020 mobile home or the multiple utility hook ups?

@Lucas Helliker I am a multifamily broker who only sells multifamily in the KC metro - typically 5-50 units but go as low as 2 and up to about 72 units.

A HELOC will not allow you to deduct I believe on the interest unless the money is utilized for repairs on your primary residence and not to buy another home. 

Look for properties with features like separate utilities and layouts that appeal to tenants.

I have had nothing but problems utilizing their system. 

If I could, pick your brain a bit more, how much do you typically set aside for things like CapEx/Vacancy?

I have heard a little about seller financing and it seemed interesting but just unsure how to find deals, start, or how the negotiation typically goes.

Hello @Kyle Luman,In the first few years, tax deductions like depreciation typically offset cash flow, depending on the rate of rent growth.I also want to comment on your statement: “Buy in appreciating areas.

•Explore partnering with wholesalers and real estate agents who bring you off-market deals.5.Continue Building Credit:•As your properties generate income, pay down your credit lines strategically to maintain high credit limits and low utilization.

Also, Fixated moved my closing date a few times, but luckily I didn’t have another deal at risk.Does this sound typical?