We pulled up the carpet, set fans and dehumidifiers in place, and cleaned/dried all surfaces.We certainly were justified in charging the tenant for the costs we incurred and did so.

Growth stems from a strong foundation.

Some may see it as a waste of time, but even if a certain niche is drying up and very competitive, at least we get some experience looking within those avenues.

@John I find it interesting that you are in a cash flow heaven state (IL) and looking to invest in cash dry CA!

In some states this is illegal (what is known as wet vs dry settlements) This is when you need transactional funding.

Dry ice the line where it enters the house, replace the valve, let the city take all year for their end

Anything that large has to go through a DRI review for the state on how it will impact the area.

Lastly, I would also argue that the outsized cash flow returns do not stem from "squeezing every dime" out of our tenants as the article suggests, but rather from the lack of investor demand for mobile home parks.

Paul and just bought our (and my) first house in Oakdale MN (suburb of STP), and after some painting, a new dry bar, and a few updates to the bathrooms, we are extremely happy with the way the house looks!

I have already read lots of great articles stemming from this site and connected with some true professionals.