While a trip to Boone wouldn't be a throwaway, I don't want to go up there just to be disappointed with a fake opportunity.Thanks,Cam

His point was that over 80% of all landlord-tenant lawsuits (initiated by the tenant) revolve around the security deposit.

I’d prefer to HELOC or get Revolving Credit but I keep running into dead ends...the residential lenders won’t touch LLCs and the commercial lenders won’t touch <5 unit.

But I had some questions revolving around strategy and how to allocate money.I can currently save $1K/month from my job salary, and I was wondering what your opinion is on the allocation of my savings plus the property cash flow (CF) - excluding the part of the property CF that will be going into a contingency fund.

$200 [estimated lot rent] x 5 occupied lots x 12 months x 50% expense ratio = $6,000 net income estimate.This does not include any debt service whatsoever.However, 50% is not the normal expense ratio of a mobile home park -- it's only used when the park is small (under 20 lots).The normal expense ratio is 40% if the park pays the residents' water and sewer and 30% of the residents pay their own via submeters, RUBS or CAMS.

The success stories you hear of investors buying into out of state markets revolve around either hyper-local knowledge of speculated growth or depressed housing markets where the values of homes have not kept pace with national appreciation, causing good cash flow.

I would recommend my brokerage- Revolve Real Estate.

@Chase Macherzak yes you got it.They are a revolving source of funds, much like a credit card, that you can access as you choose.

I've had the Ring alarm and cams for about 3 weeks.

The theme of the show revolves around the reality stars buying a rundown home and turning it around by fixing it up.