Buying a mobile home to place on your land can be a great way to generate rental income, but like any investment, it comes with pros, cons, and key considerations.On the pro side, mobile homes are typically more affordable than traditional single-family homes, meaning lower upfront costs.

What These FREE Courses Offer:Clear Fundamentals: Grasp the unique benefits of self-directed IRAs over traditional retirement accounts.Real-Life Case Studies: Dive into actual turnaround stories and see how investors like you have leveraged these strategies.Step-by-Step Guidance: Navigate tax benefits, compliance issues, and smart investment choices with easy-to-follow instructions.I discovered these courses when I needed fresh ideas to boost my portfolio—and they delivered actionable insights without the fluff.

Right now we're shopping around for loans outside of traditional lenders. 

Some areas have a steady need for traveling professionals, military families, or seasonal workers, which can give you different ways to structure your house hack beyond just a traditional long-term tenant.Your VA loan is a huge advantage because it allows you to buy up to four units with zero down.

Lenders will want to know if the property is generating income and if it qualifies for a DSCR loan or traditional financing.

No i am trying to find 80-100k to restore a fantastic traditional home in a touristic place in south Greece .

There are pros and cons depending on your goals.Why an LLC Might Be a Good Move• Helps protect your personal assets in case of a lawsuit• Makes it easier to bring in partners in the future• Keeps your real estate finances separate from personal accountsWhy It Might Not Be the Right Move Just Yet• Most traditional lenders will not give a mortgage to an LLC, so you may have to use commercial or DSCR loans, which usually have higher rates• Some people assume an LLC will save them money on taxes, but rental income is still taxed as pass-through income for most investors• There are extra costs like annual filing fees and bookkeepingA lot of new investors get stuck on this decision, but the reality is, you can always start out in your personal name and transfer properties into an LLC later.One more thing I wish someone told me early on is that property management takes more time than you think.

You'll also likely have longer than tradition residential vacancies.  

Without involving a traditional lender, what kind of deal structures should we consider?

I have a retirement 457 account with $120k (split amongst Roth and Traditional).