We arrived at this as the hypothesis: - Look for a 4-5 bedroom single family home, or a large duplex - 4-5 bedrooms. - Look for properties for sale with assumable mortgages in that area.

It’s our understanding that bed bug bites occur in more of a line formation and not so much in clusters, at least from what we can tell from the photo.

Most large PE MHP investors will tell you to only offer on the pad rental portion of the income which assuming $500 each, 25% expenses and an 8% CAP your at $281250.The other way is to offer her the wholesale value of the five mobile homes. 

My returns on my flips have been all over the board from as little as $20K to as large as $75K.  

My goal is to build a large enough portfolio to live off of (I'm still in college).

If you are currently in a large city and plan to stay there then you have more options, but if you are not sure where you are going to land then you might want to get ready and be prepared but wait until you get settled into that first good job so you don't need to move out of your new triplex 6 months in.

Can go from $25 to $500k…large line.Frost Bank, in Texas only.CALIFORNIA: Bank of Southern California, Bank of West (BNP Paribas), Cal Coast Credit Union, East West Bank, up to 60% LTV with "no docs” San Fran, First Republic, Fremont Bank, Golden1, HSBC, Quorum FCU, Silvergate Bank, Umpqua, TEXASFrost Bank, East West Bank, Hanscom FCU, Trustmark Bank, Veritex, WAFD BankUTAHMountain American Credit Union and America First have great rates for HELOCsAmerica First will do a HELOC on an investment property in Utah.STR DSCR Mortgages (not HELOCs)VisioHost FinancialAmerican HeritageLendingOneRCNTemple View Capital

I work with a large group and we help people start investing passively as an LP, I've found it's a great way to get started because you can watch and learn with much of the risk removed since the experienced sponsors are doing the heavy lifting.

Is a self directed IRA an option since it sounds like you have a large amount of funds in a 401k6.

My wife is an accountant for a large city out here, in Orange County.