Expect to spend a considerable amount of your time speaking to people.Expect to work dozens of hours/week with little to no immediate result.Expect most of your early interest from potential clients to come from your sphere of influence.Expect to go 3-6 months without getting paid (unless you do rentals which usually pay faster)Expect to be bombarded with distractions - mainly, people/companies marketing to you so that you choose their system for quick and easy buyer or seller leads.

@Bonnie Low Thanks Bonnie!

Because the existing house was too low the developer followed the rough location of the old sewer line and installed a new sewer line to connect to the existing house. 

In January 2024 we were at the low in inventory with only 1648 homes for sale.

With low inventory around the country, check the absorption rate in your town.

I've never heard the 25% thing before, but any difference between FMV and sales price would technically be considered a "gift" with potential tax implications for your parents.You can avoid most seller costs as there's no reason to use agents in this case.As an FYI: I always recommend avoiding a FHA loan, if you qualify for a low-down payment conventional loan.

I have very low bills though, so I could save $12k in about a year.All the MHs I looked at were in parks.

I am in the low 800s and don't know of any tangible benefits to be at 800+.

Hey everyone!I currently rent in Nevada and am looking to buy a house or condo where my wife will be staying 1 week per month for school. The rest of the time I would rent it out as a STR. What are lower down payment ...

We are looking into houses on the lower end of the scale at first to get started for a "low risk" (we could pay mortgage out of pocket no problem even if property is vacant for 30 years) house that will give us the experience we need as rental home landlords - and I am looking down the road at potential investment ideas to keep this thing rolling.