This is my first time selling an investment property and I need your help. 2 years ago, I bought a building as a whole with 4 townhomes and I’ve been renting each townhome.

Properties also have specific risks depending on if they are industrial spaces, commercial buildings or multi-family units.

@Abigail KingRobert Kiyosaki's "Rich Dad Poor Dad" and Gary Keller's "The Millionaire Real Estate Investor" provide advice on building wealth through real estate.

I’d love to hear some perspectives from more experienced investors on what you think about the info below:$75k for a 5bd 3 ba manufactured home that rents out each room for $500/monthPros:Reliable tenant paymentsCheap purchase price relative to income generatedPotential for ~16% CoC ROICons:Long distance investment (requires property manager)Month-to-month leases per bedroom (& no deposits collected)Located in Utica, MS – not a thriving market for rentalsManufactured home – not sure this type of home will build equityUnsure what kind of tenants live here Hey Molly!

Been in IT for 20 years, looking to put my skills to work to build up my retirement.Chris Welcome to BiggerPockets!

Best of luck with the builds.

I'm looking to connect with anyone who has experience with these types of loans in addition to anyone looking to build out their network as I am.I look forward to hearing from you all!

I don't know North Carolina well, but I have a 10 property portfolio across Detroit and Memphis and I believe these markets are solid places to start and build a portfolio.

Do not think you can just start an investment company with 15k (that is reserves only on one property).Work for the next couple of years while you all learn and use your skills to help build the foundation of a future company and leverage your relationship with the alumni to see some of his properties and learn.

.- Most cities do NOT care if an owner lives in basement, but will not allow a tenant to unless baement has legal egress window.3) Check local statutes if any limitations on how many unrelated roommates are allowed.4) Check with local building dept to see if rental inspections and corresponding requirements.5) Local statutes allow locks on bedroom doors?