MHP is a mature space with many proven operators.

Quote from @Steve Wortman: Currently the owner operator of a motel.

The buyers I resonated with, who I believed in as operators–those were the people I was willing to be flexible with.

My goal on this platform is to expand my network and develop relationships with brokers, owners/operators, investors, and others who are looking to learn more about multifamily real estate!

@Kyle Kulhanek To retitle your Chicago condo into an LLC for liability protection, start by forming the LLC with a clear operating agreement outlining ownership and responsibilities.

I was just on their website looking at the permit process:CityofSac-STR PermitLooks like 90 days max until you get a conditional use permit but still reading as it seems a little unclear:A short-term vacation rental may operate from a location that is not the operator's primary residence for a total of 90 days in a calendar year.

The cash investor who "saw the property on zillow" but doesn't really understand what REO means or how the banks operate. 

I understand that they operate in real estate under one of a few exemptions from registering as a security with the SEC.

Depends on the operating agreement and docs you signed.

@Ella Marie, I can't speak on behalf of your market, but in my respective market, competition is tough, and the successful fix-and-flip vendors are often full-time operating businesses.