I should have elaborated in how the utilities are handled.Septic is the only private utility, and thus is my responsibility.

It’s been mentioned that with Subject To transactions are utilized by “equity skimming” operators.  

Land is valuable as I could purchase a new mobile home and install and less costs since utilities are already on the land. 

I started down this path years ago, taking our pre-existing lease and adding on and adapting it to this utilization.

Heloc’s are best utilized with a short term strategy, ie flx and flip, to BRRRR, etc.

I've personally utilized private notes on three transactions and participated in another handful of negotiations with sellers on behalf of buyers in the past five years. 

Is $107k your true net, or do you have any other expenses (mortgage, taxes, lodging taxes and fees, insurance, utilities, landscaping, WiFi, etc.)?

I work on a ton of Padsplits in the Atlanta market and it is tough for a 4 bed co-living property to be much more profitable than a long term tenant factoring in additional utility expesnes, padsplit fees, and additional property management expenses.

My original plan was to utilize a real estate agent to be my property manager that I met through a Dave Ramsey referral program, but I'm exploring if I should attempt this on my own.  

Planned energy-efficient HVAC installations will replace outdated ceramic heaters, reducing tenant utility costs, lowering insurance premiums, and qualifying for utility reimbursement programs—a win-win for tenants and investors alike.Inflation HedgeReal estate is historically a strong hedge against inflation.