From there, you can do more due diligence by talking with surrounding mobile home dealerships and park managers or owners to get an idea of the market values of these homes which depends on factors such as size, age, location, fix-up work, etc.

The age old question.

This varies depending on number of tenants, if there are minor children, if the tenant has a disability, over age 65 etc.

Are you far enough away from retirement age that you can make up for the penalties on cashing out the 401k?

Hi @William Ryans,In your search for an accountant, I would recommend seeking an accountant who also has personal real estate experience so that they can not only help you with your bookkeeping and tax needs, but also guide you and give you tangible recommendations for your real estate career.Additionally, in today’s day and age, accountants are able to deliver the same caliber work to you from anywhere in the country.

Another consideration is if all the current window units are the same age or if they are a mix of new and old.

Issues with the property at closing: low water pressure, aging roof, several lights not working, dated interior, water stain under HVAC unit, damaged decking (burn hole & rotting boards), old appliances, holes in drywallAnticipated cost to renovate:  $22500 (includes roof, repiping from old galvanized pipes, renovation of currently empty unit)  The currently occupied unit is TBD on cost, the tenant has been in place for the past 3 years.   

At this age, I am not trying to become fabulously wealthy; my wife and I now value experiences far more than the material things.

Still, the best card for you will depend on the creditworthiness of the personal guarantor (which I assume is you) including your credit score, recent credit inquiries on your credit, debt-to-income ratio, and the age of your business, and a host of other benefactors.

@Anthony DelVecchioIt's great that you're considering homeownership at a young age!