Some investors will be attracted to a high yield but if that yield comes with a large personal liability for the underlying mortgage, an ownership share of a property in a poor area, or one that has a lot of deferred maintenance (all situations that may leave the investor vulnerable to a capital call) the yield will not be as attractive.

Execute a similar strategy 6 or 7 times in a year and you would double your $30K IRA balance.    

Accepting any payment that reduces a sale price is a financing arrangement under Dodd-Frank.Your first one, have your attorney do it or at least review it before you execute anything.Good luck :)

My investment group had worked with our GC for five years before we started executing equity plays with him.

While I'm sure he would never fail to respond to a properly executed, lawful request for loan statement or payoff......maybe he understands better why lenders are so difficult on this issue these days.  

So underwriting EACH TENANT is critical.When each lease was executed was a rent credit given for half off or first months rent??

I currently work as an executive in the IT field and my fiancé works as a project manager in construction building skyscrapers and other urban structures.

If the borrower is able to document (per the table below) that the rental property was not in service the previous tax year, or was in service for only a portion of the previous tax year, the lender may determine qualifying rental income by using Schedule E income and expenses, and annualizing the income (or loss) calculation; or fully executed lease agreement(s) to determine the gross rental income to be used in the net rental income (or loss) calculation.

@John HixonThanks for the kind words@Mark KvamThe following people I think should be consulted regarding your mobile home park purchase@John Fedro@Curt Smith@Ken RishelMaster lease options in general is where we "guaranteeing the net operating income NOI" on a master lease, have an option to purchase based on NOI, and then turning around the investmentAll leases are turned over to you as a master tenant and you in turn sublease  outThink of a poorly managed apartment building, with a low NOIYou increase rents over time and decrease expenses and efficiency of managementWith a master lease option, you can sell your option or exercise your optionMobile home park negotiations, I would think that that's a late sale and purchase agreement with a large down payment would be the most prudent way to approach it, you may need private money to execute the  sale and purchase agreement@Bill GulleyMight have a few ideas too

You should explain that you recently learned you must do this consistently whenever a tenant is technically in default, otherwise you might be vulnerable to Fair Housing complaints.