Many seasoned investors are willing to share insights, and shadowing someone experienced can fast-track your learning curve.You’ll also want to familiarize yourself with the numbers behind successful flips—acquisition costs, renovation budgets, and after-repair value (ARV).

Unless you are a seasoned real estate investor with professional title searching skills, I wouldn't do this.

I’d love to hear some perspectives from more experienced investors on what you think about the info below:$75k for a 5bd 3 ba manufactured home that rents out each room for $500/monthPros:Reliable tenant paymentsCheap purchase price relative to income generatedPotential for ~16% CoC ROICons:Long distance investment (requires property manager)Month-to-month leases per bedroom (& no deposits collected)Located in Utica, MS – not a thriving market for rentalsManufactured home – not sure this type of home will build equityUnsure what kind of tenants live here Hey Molly!

Review your loan agreement for restrictions, and consult legal and tax professionals to ensure compliance and protect your interests.In C State, you can elect to file MMLLC as disregarded entity for tax reasons.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

My experience, ability to deliver above satisfactory results at an exceptional period of time brought a much appreciated and high value to the deal.

I've got a couple of soft factor questions I'm not sure how to analyze and would love to speak to a few of you more experienced types!

We're targeting properties up to $200K, with a focus on BRRRR and potential flips if we find a great deal.I'm eager to learn from experienced Pittsburgh investors and agents.

They sound like regular conversations where the RE professional/investor is genuinely interested in discovering the seller's pain points to help find a solution.All the best!

I can apply the knowledge and leverage other experienced investors in the community and grow my own experience and portfolio.