I’m on the verge of firing my property manager due to 7 months this year of at least one unit being vacant.

. - Rents are also a function of supply - 2024 saw the most new construction of multifamily units in American history (nearly 575,000 estimated 2024 deliveries of new multifamily inventory), and 2025, while not a record setting year, will see deliveries top 500,000 again - a huge supply increase. 

I went from a W2 job to building a portfolio of 500+ units over the last 5 years by starting small and scaling smart.

I am leery because it is such a small deal…just 1 small 1 bedroom unit…and not a great a deal unless maybe you are local and have a use for it…walk to community college.  

Ugin,When you say permanent foundation it is required by Fannie Mae, FHA, VA and Freddie Mac that a manufactured home/Mobile Home be on a permanent foundation. 

two things I have learned.  1,200 is a sweet spot for demand, and if you do have a large unit of 2,500 get a couple of them zoned for auto. 

I like both of your ideas so I would look for the single where an ADU is permitted or one with a dump ADU to renovate (that's best) and balance that against the purchase of a 2-4 unit.

Something like this:  Admin/Mobilization/Shipping: This section accounts for paperwork and other administrative tasks. 

Did a 125k upgrade to unit, but now need to make income.  

I considered adding a universal gym but will go with billiards and foosball instead.There are more spas in this STR market than EV chargers ((only 5 or 6 units have a EV charger), yet it is about 200 miles from the nearest large metro (too far for most EV to go without a recharge).