Though we lease it out as a SFR right now, my imagination runs wild with the different things I could do!

It's pretty wild to compete with that.

However, I don't believe your area is as susceptible to wild fluctuations like Florida or Arizona.

Lowering the threshold with exemptions seems to open the wild west to the $15K bottom feeders, they'd simply go back to the old ways without any incentive to operate ethically, in that case I'd have a different feeling about it.I do think individual investor/operators are being hammered too hard in reality, but free reign is not in the public interest IMO, due to the dealings of a few.It's a complicated situation, too much oversight or not enough to keep some honest.Now that I'm hated by all MH types, as a compliance type, what is the extent and effect of this proposal?

Wild story!

So far so good in the city proper... big touchdown in Edmond, two huge ones on the ground right now looking at Shawnee, It's gonna be a wild night.Area around Wichita KS took a hit, hope the storm system doesn't get to Springfield.

Think about it.Prices for repairs vary wildly depending on what you need to do, if you do the work yourself, etc.Provide more details or do some research.

Hopefully someone more experienced can help me wrap my head around this.Unless it makes a difference, my widget in this example will be a stick-built SFR.Purchase price $10000Repairs $5000ARV $2500010% down $2500Note $22500 @ 9% for 8 years (pmt: 329.63)Actual rate of return 28.26%This is where I start waving my hands around, making wild guesses and hope you just agree with my #'s.I'd like to sell a portion of this note (let's say 50%) at a 25% discount, so the sale price would be $8437 (yes?).

Again, I'm WILDLY inexperience.

If you are welll positioned then you have more insulation than investors that jump in wildly without research and smart investing habits.