@Adam BartomeoGuys the IRS requires the 1099 amount to be equal to the GROSS amount you collected on behalf of the owner, even if you are collecting water bills, etc. from tenants.NOTHING is deducted from the Gross amount,including your PMC fees!

Maintenance can also be a factor—while newer homes may require minimal upkeep, older units might need more frequent repairs, particularly for things like plumbing or HVAC systems.Some things to pay close attention to:Zoning and Permits: Check local zoning laws and permit requirements to ensure you’re allowed to place a mobile home on your land and rent it out.

If I would require some documentation from the city, would that trigger them to do the property lookup?

Here are some thoughts on your choices:401k Loan: This can be a good option since you're borrowing from yourself, but it comes with repayment risk, especially if you leave your job.

@Toby FellowsYou are correct, you need to ‘hang’ your license under a broker in order to practice real estate, and most brokerages require you to become a member of the National Association of Realtors as well.While you are preparing and taking your courses, contact several brokers and interview them to find out who might be a good fit.

I like to think I have done ok. for me finding properties is sales - managing real estate and growing your company requires problem solving. 

Pretty impressive Johnathan,As you stated, the majority of your spending in Detroit has been turnkey properties that required very little work. 

Phoenix is a hot market for housing investors due to its increasing population, healthy job market and steady demand for housing.Why Phoenix?

Quote from @David Sotomayor: Im getting into fix and flip real estate and working with a private lender who requires a higher credit score than mine to qualify.

Another factor is we both work full time jobs so it’s difficult for us to scale as quickly as we would like to but if we can take these early profits that would change things.