This will help you determine if it’s financially viable.Insurance: Look into insurance for both the mobile home and your land.

Is the HOA sufficiently insured?

Does she not have insurance?

We put together a purchase price, interest rate, insurance cost, and property taxes. 

If your insurance coverage isn't enough, they could seize the LLC assets but not your personal assets.Additional thoughts:1.

I own a property management company in WA, including Yakima.Here’s a rough breakdown of costs:- Management: 15-30% of revenue- Cleaning: $100-$200 per turnover- Utilities: $150-$300/month- Maintenance: 5-10% of revenue- Insurance: $1,500-$3,000/yearTools like AirDNA or Mashvisor can give you a solid idea of income and occupancy.

RE Agents/wholesalers, insurance agents, title companies, contractors, lenders etc. 

He came up with a "benefits package" to charge my tenants $56 a month (to include renter's insurance and some other "perks").

In my free time, you’ll usually find me working out at the Y or hiking with my dog, on one of Nashville’s many trails and greenways.As a CPA with over a decade of experience in corporate finance in the insurance industry, I understand the financial side of real estate inside and out.

The Southeast has had tons of population growth and as long as people can afford the increased insurance costs, the warm climate will continue to draw people.