This is why when I hear people say they have to have high cashflow in order to buy a property it makes me shake my head.

When you have high quality tenants you want to keep a balance between appropriate rental increases and tenant satisfaction.

Plus for its high cash flow potential, utilizing a 1031 exchange to reinvest gains effectively made this experiment a relatively low risk for me.

High-quality listing photos are essential, so hire a professional photographer.

We invest for long term buy and hold in good areas B+Due to extreme highly demanding W2 jobs we are looking for credible FULLY vertically integrated turnkey companies to partner with.

However, we typically use the FHA-203k loan because it involves a renovation, which I highly recommend if you are looking to really boost your equity and have the cost of the renovation wrapped into your loan with a VERY LOW AMOUNT OUT OF POCKET.I like the FHA loan, but honestly, the Fannie May Home Style is an even better product at this point because you just have to bring a bit more cash to the table 5% vs. 3.5% (w/ FHA), but you have a bit more flexibility.  

Existing mobile home parks are in high demand for all investors large and small.

But usually for a tenant occupied it's like $90-120 per monthI've noticed a lot of multi-family buildings are pre-WWII housing inventory - are there restrictions or issues common with that (historic districts, crazy high utility costs, etc)?

Even if this is a high income, no delinquency type property, tenants will be much more open about condition of property than seller.As for P&L, I would say it is not as simple as just reviewing a P&L.  

Of course, the cost is high.