Let me know if you do it, I'm up at the horse tracks twice a season.

You will have to verify those yourselves to ensure you end up with correct operating expenses.Quote from @Andrew Newcomb: Just following up on this in case anyone is still following:I learned about "cap rate" and "cash on cash" metrics in the BP learning articles and watched a couple vids on the BP rental calculator showing how it calcs those metrics for a prop (you have to add the details like loan info, expenses, etc). very cool tool.

She doesn't want him to leave because he helps to take care of everything that his son never would, like picking the kids up from school, fixing things around the house, mowing the yard, and taking out the trash.

If the only MFH options you're finding are in areas you're not comfortable with, it might be worth focusing on a duplex in a better neighborhood.Saving up for a larger property later is a valid approach too, but keep in mind that real estate tends to appreciate over time, and waiting might make it harder to enter the market later.

You can look for yourself by looking them up on Google. 

Quote from @Jerry Zhang: HLets meet up for coffee what strategy wlare you implementing now? 

Washington, DC Real Estate Market Update: January 2025📊 Market Trends:New Listings: Increased by 135 units (14.49%) compared to January 2024.Listed Median Price: Rose by $25,000 (4%) to $650,000.Units Sold: Went up by 87 units (23.58%) from last year.Sold Median Price: Decreased by $54,000 (8.93%) to $551,000.🏠 Mortgage Rates:January 2025: 30-Year FRM: 6.93%, 15-Year FRM: 6.14%January 2024: 30-Year FRM: 6.62%, 15-Year FRM: 5.89%Summary: The increase in new listings indicates a rise in supply year-over-year.

This will save me much more money eventually than the cost of the bookkeeper.  

This tax scales up to 37% but not till around $12,500k in income for the year.   

Beyond that, networking with other investors in the mobile home park space could open up some doors for partnerships or additional funding ideas.