When finished, I re-financed and paid back all my friends and family + interest in 10 months!

We negotiated it down from their original asking price of $1.8M but it needed to be a cash deal because the building was 50% occupied and of what WAS occupied was month to month office tenants.

Find parks in the area that have open spaces for mobiles then negotiate with the park owner for 6 to 12 months free space rent or for them to pay the moving costs. 

I don't need to compete against other investors in my stomping grounds... lol we will be neighbors need month more than likely

If they do delay payment by weeks / months, which has happened with horribly mismanaged localities, what recourse will you have?

Id generally like to buy and refinance 6 months to 1 year down the line and scale up bigger rentals. 

Advantages are we don’t have to furnish anything in the house and we collect the same amount of rent each month no matter how many members are in a house.

We jumped in with no clue about 18 months ago. 

We evicted a tenant since they didn't pay rent for 2.5 months. 

Hey BP Family,A neighbor of mine passed away about 2 months ago and I have been trying to contact the family (trust) to see if they were going to be selling the property.