Hi Darrell,I like your idea, it's a lot like what others do with SFH instead of MH but same strategy.

My strategy is to use HELOC to cover down payment and convention loan to cover the rest of the mortgage.

Ex: $400K loan at 3% $500K sale price = $100K down paymentCan be an amazing strategy!!

Just depends on your current rate, strategy, future cash-flow, etc. 

What strategy are you considering: buying, managing for others, arbitrage, etc?

We had just listened to a podcast with Marco from Norada as the guest (Passive Wealth Strategies for Busy Professionals: Demystifying Turnkey Real Estate Investing) and were reviewing the information about the notes on their site.

What’s the best strategy to buy and finance?

Whether it’s discussing investment strategies, flipping, or exploring collaboration opportunities, I’m excited to engage with you all!

It's always a tough call on whether to just do a day trip or pay for a rental as the costs of a nice rental can add up quickly.The TL/DR (which I'll expand on) is that we ended up changing to a strategy of letting others help pay for a cabin that we know we'll love.

Hi @Saika Maeda - it seems like you received good advice to legalize the unpermitted unit as the best strategy to move forward with.