If I had to change one thing I would have traded my older properties up for newer larger ones starting in years 5-7. 

You’ll want to get really familiar with local zoning laws, short-term rental rules, and landlord-tenant laws as they vary by town if you plan on going the STR route.Focus on Cash Flow Early On: You might be tempted to go for something that appreciates quickly, but in the early stages, it’s important to find properties that bring in cash flow.

I plan to BRRRR this property to pay off the seller and get my money out and was wondering if you anyone has any suggestions on banks that can do refinances for mobile homes.

For example, I stay 99% occupied with my MTRs - the only vacancies are planned vacancies when I need a couple of days for a turnover.

Marvin has no money, knows no trade, did not finish high school. 

Ofcourse I am planning to consult a lawyer first. 

If you're planning on only living there 1-2 years, rent may not change THAT much, so calculate what the rent would likely be right now for your side as well. 4.

We are planning to purchase a home and convert it into a community living space for people in recovery.

You sell when it fits with your original business plan (targeted NOI is reached, timeline is reached, etc.). 3.

Ultimately, it’s about what aligns with your budget, risk tolerance, and long-term plans.