One of the key upsides to MHP ownership is building the business and selling it for a profit down the road. 

Starting on BiggerPockets is a great idea – it’s a fantastic resource for learning the fundamentals and connecting with experienced investors.The key to success is finding a profitable deal that aligns with your goals.

Key words or demographics I should focus on.3) when a property is under contract (especially if it isn't local) what services or practices are used to get pictures for marketing, showing the property, inspections, etc?

Labor costs are high in NYS so controlling your variable expenses is key.

Talking to the folks at Baselane, I learned that Baselane recently polled real estate investors to understand how well they track their rental property performance, including key metrics like return on investment (ROI) and monthly net cash flow.

You delegate tasks to free yourself up, you don’t give them ownership over your key business assets.Property managers are ultimately just administrative assistants to help your business run more smoothly, you are the CEO, the one in charge and you need access to everything at all times.

—will be key to success!!

The key to navigating this market successfully is to stay vigilant and committed to this niche for the long term.

**Highlight Key Selling Points**: Show the property’s unique features and surrounding neighborhood benefits.3.

Instead, we decided to try a “cash-for-keys” approach, offering him financial assistance to peacefully vacate the property.My wife Shelly and I went to the property to speak with him in person.