We all invest in real estate in order to make money, and keep in mind that someone who can only afford to live in a mobile home and seller-finance to buy the land is probably tight on funds. 

He'll still be renting - just from you instead of others, and at all the costs to you that you have enumerated.Your son doesn't "need" to buy a house.  

Investment Info:Single-family residence buy & hold investment.

Hello, Do I have to disclose my Massachusetts Salesperson License when buying an off-market property for investment purposes?

Buying properties through non traditional channels.  4.

My previous renters were relocations - either had sold their home and looking to buy another (low inventory so takes a while to find a home to buy) or moving here from another city and didn't know yet what neighborhood they want to be in, or alse building a home and need a place to live until it's completed.

I've been working in this space for a while, so I can definitely share some insights, tips, and even some lessons learned from my own experiences.Whether you’re curious about neighborhoods, market trends, or just how to navigate buying, selling, or investing here, I’m happy to chat.

He and I created an LLC for NC a few years ago when we were thinking of buying a rental property there.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Given that I'm not positioned to buy just yet, and simply running the numbers, is there a rule of thumb for estimating insurance costs that would make sense in Cook County?