BRRRRs are really tough right now with interest rates high, rents flat, contractors booked up, and tremendous competition for deals.i always get nervous with HELOCs as down payment because it can mean that you're not well capitalized. 

That said, I know a few MHP operators that make some pretty tremendous money on the trailers, mostly by renting to people who need to pay in cash and have someone not ask a lot of questions - illegal/undocumented immigrants, transients, probably some criminals for sure, sometimes people (mostly women) hiding from domestic abusers, etc.

Since you mentioned the property needs a lot of work, if you could put in some higher end finishes into the cabin (kitchens and bathrooms), there would almost certainly be a pretty solid base of STR guests wanting to stay there - almost without exception, every modern STR cabin in Minnesota and Wisconsin that I've seen are all doing tremendous numbers.  

My journey began with owning and managing my own rentals, which have seen tremendous success on platforms like Airbnb and VRBO.I bring a wealth of knowledge and experience to this table, which I'm eager to share with this community.

Triplexes and quadplexes are rare and if they are up on the market they are either new construction and very expensive with no cash flow or they need a tremendous amount of work. 

With tremendous equity, positive cash flow, security against the property, and a pre-signed quit claim deed, a PML answering the call to action on this one could receive good short-term gains!

Because you have options depending on the city and investing strategy you want to execute.If you're looking for tremendous appreciation, I would recommend buying in Columbus.

I am new and feedback like this helps me tremendously.  

@Richie Thomas - Athens and Meridianville/Hazel Green, in my opinion, are not similar at all.Athens has much more potential for growth and appreciation - as @Jeff Henderson said, the job growth near Athens is tremendous, and there is a lot of folks who work in Huntsville/Madison who commute from Athens due to the amount of house/land they can get there compared to the metro areas otherwise.  

Btw, commercial and investment real estate brokers are in a tremendous position to take advantage of the fact that many sellers want CASH.