While this suggests that inflation is proving stickier than anticipated, it remains well below the peaks seen in 2022 and 2023.

With the exception of building a trailer on the property (these are hard to finance), this sounds like a good plan AND if you are using it for your business AND your business pays more than 50% of the rent (if you have more than 1 tenant), then this is a more financeable property in the eyes of banks and credit unions as it would be consider a commercial "owner-occupied" property. 

Let’s share our experiences so we can all navigate these challenges more effectively!

I am partnered with a contractor who comes out to look at houses with me, so that does help.

However, our goal is to help 100k investors obtain financial freedom - hence the reasons why we provide many videos, podcasts, programs, and services to help with this journey.Unfortunately, we cannot promise that every deal we help you get under contract will close.

The main problem with negative cashflow properties is this. 

If you can split each into 3 or more lots and put a 2020 mobile home on each lot, I think you would get more bang for your buck.

Are you purchasing this with an owner occupied or investment loan?

Sometimes it is used, sometimes it's not, but it is an available amenity. 

our market is in Columbus Ohio and we are currently doing infill as a strategy. single family home by right can be built on any infill lot in columbus but for multifamily this strategy becomes part of entitlements and rezoning.