The amount you can use for closing costs and rate buy downs is limited, so that leaves you with the majority of the credit for "upgrades," like finishing the landscaping, building a fence, installing sod, a sprinkler system, planting trees, buying appliances and installing blinds, etc. 

Today, I wanted to chat about something that's been a major topic of discussion in our industry—the recent NAR settlement and its potential impacts on real estate agents.For those who might not be fully up to speed, the National Association of Realtors (NAR) recently reached a proposed settlement agreement related to broker commissions.

There are some of the major considerations.

There are many benefits with section 8 in order for the tenant to be placed in one of my properties they go through a process with the committee then when living in the property they need to abide by lease rules and keep the property in shape, if major damage is made or neglect to the property by the tenant they may losE their voucher from section 8, so it’s a very good idea to go this route and food for thought you always know your property is up to date safety wise and livable with annually inspections. 

If i purchased the property and raised the section 8 tenant rents to the FMR, does this have a major effect to the tenant?

It's one of the reasons after all these years I've never had an eviction, or a tenant-initiated malicious destruction, etc.

There are model programs with all the major MHP builders to bring out models to your park, then you can sell the unit, and collect your lot rent.

As Stuart pointed out, 10 years is enough time to see major issues with repairs. 

One property we bought had four major roof leaks and blue tarps and cinder blocks on the roof. 

While I don't have 7 years under my belt, I can say the majority of my properties I own/manage have been done in today's higher interest rates and prices.