The inability to scope the sewer line is concerning, as you mentioned, there could be blockages or other issues that need attention.

I purchased a mobile home out of state a couple years ago and decided in 2023 to remodel and get ready to rent.

The most concerning is the stuff that is beyond anyone's control or even due to the lack of judgement or intelligence by a guest.

I appreciate everyone's contribution to the concern, however a few had me much more stressed than needed!!   

My concern is can they foreclose on these properties now that I own them even though the mortgage contract was in the old owners name?

As for the construction loan itself, I'm not concerned as many available options will cover 100% of the development,  Thank you  

Right now (Q3 2024) everything seems overbanked/overbought.Currently, my focus has been purposely broad but currently split between: A) SF business (wholesaling/rehab) I was asked to take over (on almost no notice – am still badly catching up) and B) Small balance MF and mobile/manufactured housing (<~50-100 units for physical/operational value add)I have made some progress on each but not where I would like to be although I have just recently gotten involved in the sub-institutional space again.

I’m not necessarily concerned about being able to pay back the HELOC.  

The National Retail Federation (NRF) reports declines of 6.5% in back-to-school spending and 7.9% for back-to-college, with shoppers focusing on frugal choices amid rising inflation concerns and an upcoming presidential election.During the pandemic, families spent more on school supplies and remote learning gear, but priorities have shifted to travel, dining, and entertainment.

If you're considering it, what are your hopes or concerns?