You must realise that investing is hard work and takes a lot of time when starting out.

Many investors start with low value properties but realise to get big you need to think big.I would defiantly unload and free up the equity tied up in the SFHs.

We are discussing mobile home "renters" only.John Ardensen ...if you reread my post you will realise I did not paint the industry with any brush.

Hi,This is a more technical question, I have a house with brand new septic system installed, absolutely new drain field and we realised it already saturated in 3 months!!

We purchase based sole on rental income and immediately raise rents to market after purchase realising a immediate increase in value.No point in us paying for another owners poor management of their investment.

I also realised that British people like to come to Spain to spend their holidays, and some of them even buy houses here (mostly in Ibiza, Mallorca, etc.)

But i realised i would need a good property manager to be successful being that its about 8 hours from where i live.

When they fall behind you will need to evict the grandmother and frankly, regardless of your business first, I do not see you doing it till you are in very deep and you finally realise your friend was never a friend.The fact is your friend could live with his grandmother anywhere, he does not need you to provide his housing or to help with that, what he needs is for you to be lenient when the rent payment isn't there on time.I hope it works out for you, that I am wrong, but I am fairly certain I am not wrong.

Due to my entrepreneurial friends recommending me some books such as Rich Dad Poor Dad, I have realised the great need to have passive income, and haphazardly discovered my passion for REI.

Reality is that with 5 kids your financial position and her dreams will not be achieved if she does not have the for site to realise status quo is never going to work.You need more income going forward simply to maintain your present life style.