Combining these two minimizes the impact of financing on your Net revenue. 

Each has their own priorities and they are often diametrically opposed:•Owners want to maximize rental income while minimizing expenses.

I recently obtained my HI real estate license to access the MLS and assist with my personal house-hunting needs.Does anyone know of a more boutique brokerage on Maui where I can hang my license with minimal overhead and without the requirement of going through a mentorship program?

I usually tell my clients that you should expect that you have to refi at MINIMUM, 1 year after initial purchase to minimize the Appraiser risk.

Would love to hear more about your thoughts on the refinancing options you’re considering or if you’re looking at any other ways to structure the financing to minimize those risks.

While doing all these things minimize your expenses and save as much of your income as you can.

Maintenance can also be a factor—while newer homes may require minimal upkeep, older units might need more frequent repairs, particularly for things like plumbing or HVAC systems.Some things to pay close attention to:Zoning and Permits: Check local zoning laws and permit requirements to ensure you’re allowed to place a mobile home on your land and rent it out.

.- Stick to B and C+ Areas: These neighborhoods balance affordability and tenant quality, minimizing risk.- Analyze Properties Remotely: Use tools like BiggerPockets calculators to evaluate deals.

Sounds like you got a property with minimal out of pocket.You could try posting the room on FB or Craigslist.

I do understand that market value becomes what has been paid for a deal but with minimal work and renovations my deals almost always significantly increase in value in the first 6 months.