Some of those variables are the size of the park, number of vacant spaces, the number and type of park amenities, the age of the park, underground infrastructure age and condition, park location, size of the market, city water or well, city sewer or septic, other utility sources and whether or not they are direct billed, deferred maintenance, cost of management, and more.

Given all of my things, too many to list, I would be utilizing a registered agent.

Property 1: 4/3 LTRCurrent Value: $475kPurchase Price: $363kDown payment: $40k (30 year conventional)Interest Rate: 2.75%Remaining Balance: $294kMortgage payment: $2369AVG revenue: $2775Property 2: Duplex - 3/2 House Airbnb & Detached studio apt 12mo leaseCurrent Value: hopefully within $575k-$600kPurchase Price: $591k (appraised at $599k)Down payment: $30k (30 year FHA)Interest Rate: 6.125%Remaining Balance: $552kMortgage payment: $5041 (including $362 PIM)AVG monthly utilities: $385 (full year avg)AVG monthly revenue: $5261 (full year avg airbnb + $1650/month from apt)

If you could renovate and split off an ADU or even apply to turn it into a duplex or triplex (although that will cost plenty of money with new kitchens, utilities, etc.) that could very well be worth it.

I’m interested in how do we scale this single family unit into maybe a duplex or etc…We don’t utilize a PM since it’s only a single unit and it’s close to our primary residence. 

Partner Driven financed the Hiawatha Way deal by utilizing internal capital resources.

@Woralak Bryant, be careful about shutting off utilities.

How feasible is it to have an offer accepted utilizing seller financing for non-REO properties with the intention to flip?

You will do yourself a huge favor by getting his books and utilizing his information.

A little about me:I graduated high school in 2020 at 17 and as soon as I turned 18, I went to work underground utility construction.