Don't know if that's country wide or just here in the Cleveland market but something you should probably research.RoofstockRoofstock isn't really a turnkey company.

And there are ways to accelerate pay down so you can have them paid off in 10 years and, at that point, never have to worry about working to pay your bills again.1 free-and-clear rental property is good - 10 is incredible for a retirement that most Americans can only dream of.Good luck to you!

or cash.. and scoop the deals when and if that time comes around again. but I think its fair to say 08 to 2012 was a very unique set of circumstances and other than a one horse town or one mill town or one main manufacturing town.. were the mill or plant closes and real estate tumbles.. we just never saw such a wide spread loss of values.. 

However, I've found it incredibly simple to do, and profitable.

They started getting popular in the late 70s and early 80s, I believe, and there has been an incredible bull market since that time, so people who entered the workforce at that time and contributed diligently all these years (and just left it alone) are finding they have a nice nest egg, as long as their home is paid off and children are on their own by now. 

The price difference can be an incredible amount.

@Michael NewmanI would think the pay for accountant would be hire than property manager but of course there is a pretty wide range .

Full 203k is pretty much wide open, as is the homestyle, BUT they both require a licensed "consultant" that creates a feasability report, handles inspections and draws, etc.   

I have GOT to figure out how to make this happen - it looks like an incredible profit machine.

I owe 55k on a trailer double wide.