Like real estate in general, the word spread that you can make a lot of money and everyone jumped in putting downward pressure on prices and occupancy. 

Charleston or Mount Pleasant seems to have very strict rules for ADUs.

Charleston or Mount Pleasant seems to have very strict rules for ADUs.

@Nathan Mount You’re able to walk through a property physically in Chicago?

In theory they put downward pressure on some of your capex and maint (exterior items). 

I could also choose to REFI whenever it makes sense; no pressure at all. 

An electric meter should not be mounted to the mobile home.

Long story short on my first deal i made a $15,000 assignment fee i had quit my job right away because i wanted out but the deal had ah bit of hair in it to where i got behind 2 months of rent on my apartment and behind on my car payment but i ended up closing on the deal but the day before i got the $15,000 my car was sold at auction from the lender so lesson learn i keep a 9 to 5 job now that pays every week which is consistent income to fund my marketing don’t want to put that pressure on your self where you don’t have another income besides looking for that first deal 

I don't see a dime....no pressure to refund if they don't pass......

It still lowers your overall return, but it might also put undue pressure on the sponsor to acquire with less discipline.