It wasn't feasible to run an exhaust vent in the older condo that wasn't built with en suite laundry, so this was the alternative I installed.

This is a new tenant on a new lease contingent on a vacant unit (keeps you from having one signed and the other gets cold feet).

Purchase price: $725,000 Cash invested: $550,000 82 UNIT Mobile Home ParkPurchase price 725KDown Payment 350kCapex 200k Funds to raise 550kSeller finance 4.75% 3 Yr balloon What made you interested in investing in this type of deal?

Would this be a feasible plan?

That's like not paying your $200 electric bill this month and claiming you saved $200.

Bringing my agent into this, would it work just like your usual buyers agent situation, or, in this scenario would the agent's scope of work, and pay be different?

This is what he put in the description of the quote"We found the sewer line in the left apartment has a cross under slab with a clenaout cap under the slab as well.

So just be careful and get a lot of experience before you start in this business, it has a lot of room for error for sure......

This is my first investment property. 

Here's why this hidden gem deserves your attention:1.