I've picked up several really good deals because a tenant operator ran the business into the ground to a point where the property owners just wanted or needed out. 

Definitely a personal preference.

I came across some critical information today that I think is important to share with you:In the aftermath of the LA fires, it has become evident that some homeowners’ insurance claims have been denied or disputed because the property title was held in a trust, but the insurance policy was under the individual homeowner’s name.This serves as a valuable reminder to review your insurance policies and ensure that the ownership structure on your property title matches the named insured on their policy.

Homeowners, hacks and handyman buy retail. 

I am considering purchasing empty lots priced roughly $10-15K below market value.My plan is to offer owner financing for the land.These lots have water, drainage, and electric connections available, and mobile homes are permitted.The area is experiencing significant development, with the lots surrounded by new single-family homes.I would really appreciate any advice, feedback, or suggestions.Thank you It would help if you shared what you plan to buy them for other than just saying they’re 10 k to 15 K below market.List Price: $55KMy Offer: $45KPlanned Value Add:Install fenceBuild drivewayCreate a mobile home padExit Strategy:Sell via owner financingConsidering the option of adding a mobile home as wellIf you like this post, please consider voting!  

But for homeowners its fantastic way to start in home ownership one of the best I have ever seen !! 

Quote from @Dena Sommers: I own a home that is too large to rent - no demand. 

@Marc Robinson some may be more adventurous than me but with septic and well I would walk awayI prefer TOH of course but with $300 lot rent and 19 occupied, utilities included in rent I would pay $400-450k for this

If it's an owner occupied loan, the underwriter will need to verify this is your primary residence.

Quote from @Thanh Lu: For owners with a small portfolio (1-3 STR), how did you decide between self management vs hiring a vacation rental company?