Any tips or tools for evaluating the local market would be greatly appreciated.

I could go on and on with other tips as well.

I recently came across 1 acre asking for 314k in a very good residential and growing location, so the current owner has added 4 manufactured homes with 4 electrical meters, 4 septic tanks and only 1 water meter for all 4 homes, the homes are sitting on partial slab and partial pier & beam, he also added 2 storage sheds approx. 380sqft with the intention to make them ADUs they are still only the shell so I would have to get those ready to live in, so currently the 4 manufactured homes are being rented and bringing in 2800k a month, 3 of the homes are needing some TLC which could increment rents and possibly get me at 3600k a month, also being a 1ac lot this still leaves about 12,000sqft of raw land where you could build etc.So that is on the good side now the things I did not like so much, the lay out is poorly executed to where it makes it looked crammed up and not professional but it could be fixed.Another is that in reality there is only 4 livable units so that qualifies under a conventional loan but since they're are 6 units on the property the banks are wanting to take it as a commercial so we would have to move out the 2 storage sheds out in order to close as conventional.Another concern, technically you are only allowed to have one manufactured house or single wide in your property according to what I know but I know it could change according to zoning which I will investigate, so my question is has all this been accounted for and if so how can I verify it so it wont leave me in a bind further down the road, I currently asked my agent for the appraisal of the property to see if that might verify.Any recommendations?

Any guidance you can provide as we navigate this process would be incredibly valuable.Looking forward to connecting further!

Welcome to the community and be ready for a huge amount of information at your finger tips.

Some folks have already given good advice, and I want to add a quick tip for how to get data on potential STR properties.

Real feedback of struggles or topics people want to dive in further helps us create the content that truly inspires and educates our community.Mine is definitely finding the right deal that fits my buy box lately.

However, the HOA then said "we are still fully opposed to the door".I am working with our RE attorney, but I was wondering if anyone had any tips or experience in this situation. 

I'm going to follow this to see what tips folks provide.MikeHey Mike, I am actively investing there so feel free to reach out with any questions!   

If any investors have tips or advice on successfully implementing the BRRRR strategy, it would be much appreciated!