I am particularly concened about the water meters not being hooked up and potential charges there. 

The fact that you moved from your primary residence three months after purchasing may seem a bit strange to your current lender, especially with you potentially having it classified as an investment property in the same calendar year.

@Greg P.To become a full-time real estate investor, focus on cash flow, appreciation potential, and scalability.

Hey @Matthew AllenIt’s a creative strategy that could work in the right circumstances, but there are some risks to consider.

zero risk, there is absolutely zero risk when you pay off existing debt :)

You are right about high risk of default.

However, if you believe the market could recover within six months and you're willing to take on that risk, waiting might yield a better return.

@Frank FloresInvesting in delinquent tax sales in Houston can be profitable, but it comes with risks.

In the end, my portfolio gives me better returns because I accept the risk of having some deals give me marginal returns to be able to get the massive returns from the home runs.

Finding a potential lot won’t be hard but getting a local municipality to give you the green light to build an MHP is going to be next to impossible.