.…$1,645.00* Inspect sub floor after toilet removal for sub floor deterioration.

While I regret that our relationship has deteriorated to this point, I strongly dispute your characterization of our experience working together.

Allows me to spread the cost of the upgrades/repairs out over time AND reduces the overall turnover cost when that comes because items have been repaired along the way vs. allowed to deteriorate to the point of larger more costly repairs.  5.

IF there's deterioration at the joist and separating brick, you may be looking at quite a bit of work to restore the front facade.

.#2 does not automatically replace all vents with new ones, but does if the existing ones are rusted/deteriorated.

Makes me sick seeing the homes just sit there deteriorating....

Few things, FHA will allow up to a total DTI of 50% including all debt including PITI, 203K loans are available and will finance the cost of improvements (usually contractor is required, no non contractor work allowed or sweat equity), only one FHA loan at a time (unless special circumstances like job relocation, deterioration of neighborhood, ect and you must move more than 100 miles from existing home with FHA loan), you must live in property for a 1 year period (some exceptions are made), you can own other properties and can purchase additional properties with "other" financing (conventional, private and hard money) but during that first year they must be investment properties.

The health of the property is deteriorating and there is trash building up everywhere.

Renting homes or rent to own programs sound like a good solution at first but I wouldn't recommend it for the following reasons:1)Renters don’t have same “pride of ownership” as homeowners so your homes as well as the park will deteriorate more rapidly. 2)Property tax is paid by the owner3)Insurance is paid by the owner4)Maintenance is paid by the owner (roof replacement, air conditioning, water leaks)5)Renters have different laws than mobile home space leases, such as evictions6)Banks don’t like lending on communities with rental units7)Rentals create a higher turnover than homeowners8)Most park rules prohibit leasing AND FOR A REASON

This process allows the investor to purchase many more assets and reap the above benefits on each new asset.If bought in the right neighborhood, the home may still appreciate and sell for an even greater profit than what can occur during a short time table required by a flip.The income increases over time, and as the tax benefits or the condition of the properties systems age or deteriorate, the property can be exchanged to reset tax advantages and move to newer properties with newer systems.The passive income can eventually exceed the money required to live, allowing the investor to exit the rat race and live fully off of passive income, while building a huge nest egg from equity and principal pay down.Your financial statement looks better and better to the banker as time goes on.Properties can sometimes be purchased with little or no money down.A property that might net a $25,000 profit on a flip might net $20,000 after taxes.