If my largest expense after Milton was a $600 water bill, I would pay it and be grateful to be so lucky.

Chicago is about to make history as it becomes home to one of the largest quantum computing campuses in the world.

What was the largest fear you had starting out?

If your purchase price (always the largest expense) plus the rehab estimate (the second largest) total no more than 70% of the ARV, the remaining 30% must cover your HML charges, agent commission, property and hazard insurance, property taxes, title insurance, escrow, staging, all else, and your profit.

Rehab costs, holding costs, and the ARV will be the largest cash eaters or cash producers with this deal.If you underestimated the rehab (both costs and time) and overestimated the ARV, you could be underwater very quickly. 

Without a hot tub, or a swimming pool, or a back yard patio you aren’t offering anything but a place to sleep.

Speaking with one of our attorneys she mentioned the largest area of defaults she has seen is in SS space as it got over saturated in some markets and rent appreciation has not been as advertised.

He makes the point that SCI did not buy this park for redevelopment but instead is buying it to help conserve the available stock of mobile homes (the largest group of unsubsidized low income housing the US) for the future while making a nice profit for investors.  

Lack of capital is my largest blocker to entering the real estate market right now, so less than 20% is appealing.

The investors and first time buyers who swim and make sacrifices will get it done regardless of strategy.