Emphasize your strong rental history and present business financials to showcase profitability trends and future projections, increasing your chances of securing the necessary funding.

When advising clients in similar situations, I've emphasized the importance of not striving for perfection but rather advancing through each stage of the journey.

@Mary Jay  one of the things that isn't emphasized enough is that when you buy with negative cash flow, you have to have the money to carry the property to your end game. 

That trend stopped after the 70's but manufactured housing was a major contributor towards creating stable affordable housing.If we want to tackle our housing shortage we need to get serious about it.Here is a quick summary of the HUD changes: HUD Actions for Manufactured Homes and Communities:HUD announces a comprehensive set of actions to increase availability and affordability of manufactured homes.These actions are part of the Biden-Harris Administration's Housing Supply Action Plan.Manufactured housing is a key component in the strategy to boost housing supply and reduce costs.Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Program:HUD launches the PRICE Program, a $225 million competitive grant opportunity.The program aims to preserve and revitalize manufactured housing and communities.Funding supports repairs, rehabilitation, replacement of units, infrastructure upgrades, and community resilience.Available to states, local jurisdictions, tribes, nonprofits, community development finance institutions, and other eligible entities.FHA Draft Policy for Manufactured Home Communities:FHA posts a draft policy to solicit public feedback.The policy aims to promote stability and affordability for individuals and families in existing manufactured home communities.Allows resident-owned cooperatives and mission-oriented borrowers to access FHA-insured financing for purchasing or refinancing.Updates to FHA's Title I Manufactured Home Loan Program:HUD announces updates to FHA's Title I Manufactured Home Loan Program.New methodologies for calculating loan limits to align with current market pricing.Expects the new loan limits to incentivize more lenders to participate and expand program usage by buyers of manufactured housing.Annual Recalculation of Title I Loan Program Limits:FHA will recalculate Title I loan limits annually to keep pace with home price changes over time.This ensures that the loan limits remain aligned with market conditions.Ginnie Mae's Title I Loan Securitization Program:Ginnie Mae takes steps to reinvigorate its Title I Loan Securitization program.Revisions to financial eligibility requirements for Title I Issuers to reduce barriers and increase lender participation.HUD's Ongoing Support for Manufactured Housing:These actions build on HUD's continuous efforts to support manufactured housing.Earlier actions include a proposed rule for the Community Development Block Grant (CDBG) program emphasizing the needs of manufactured housing communities.Recent Updates to CDBG Notice:HUD updated the CDBG in Support of Housing Activities notice to allow the use of funds for acquisition of manufactured housing units, services to homeowners, and investments in infrastructure and resilience for manufactured housing communities.

Lastly, be transparent about ditching the property management company, emphasizing streamlined communication and potential cost savings for them.

First and foremost, as a landlord, you have the right and obligation to ensure that your property is properly managed and maintained, including making sure tenants comply with the lease agreement and relevant laws and regulationsStart by communicating with your PM, emphasizing your worries about the safety of children.

Hi J, in "Flipping Houses" series, you emphasizes the importance of accurate rehab cost estimation for successful fix-and-flips.

Pradeep,I definitely want to emphasize that a lender can invoke the "due on sale clause" and call the amount of your mortgage due if you transfer into an LLC later.I've heard this is extremely rare but it is still a possibility to be cognizant of. 

We have had a handful of Seller circle back around and want the loan out of their name, but not too many because we tried to really emphasize the point that the loan stays in their name upfront and for those it say they do not or did not know that they have signed multiple forms stating they did..   

The ability to adapt and evolve reinforces its continued importance in the commercial real estate landscape, emphasizing the significance of a mindful strategy to navigate these ongoing shifts.Here are several graphs illustrating the current national commercial multifamily market in The United States of America:Full Commercial Multifamily Market Report Here: https://d2saw6je89goi1.cloudfront.net/uploads/digital_asset/file/1189859/United_States-MultiFamily-Capital_National-2024-03-10_a.pdf