I’m about to list my remaining property.The thesis of m my investments there has been the idea that Yale and the other universities in New Haven have a vested interest in making sure New Haven is OK (or, ideally, nice), meaning that they will invest money in the community and expand their footprint to do so.

@Bonnie Cerrutihere are two excellent threads to read:https://www.biggerpockets.com/forums/48/topics/1159104-overl...https://www.biggerpockets.com/forums/12/topics/1171104-the-m...I also agree with others that you can't pick a market based on numbers. 

Expenses: Insurance is about $145/m property tax about $208/m (my guess, lowkey the property got tax assessed at $89k in 2022 and now its worth what it is now so I'm guessing $2450 a year).

Quote from @David M.: @Charlesa F.Your realtor and attorney (if you are using one) gave you bad advice. 

Quote from @Logan M.: Quote from @Dominic Richardson: I am looking at a mobile home park that has (5) mobile homes on it. 

Quote from @Nathan M kiefer: Double down and fix it nice to sell but don't over improve. selling a headache will only give you a bigger headache that you'll need a aspirin the size of a hockey puck to overcome.There are no shortcuts when you get into this situation that end well for you so put the work in and maybe you will make a buck?

Purchased in  2013 $650, Current value $1.3 M.

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best!

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best!

4) each state has different rules, it will be a state by state answer.5) if you are operating the OM company as an LLC, then the LLC needs a designated Broker and the Trust account is maintained in the Brokers name. 6) In Texas there isn't a P<m specific license, it is governed under the RE License.