Cash invested: $80,000 Acquired this property Sub-to as a quick flip with minimal repairs required.

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.

Feel free to start a new post or PM me as I do not want to interrupt this thread, that is here to celebrate your success and freedom.Once again, CONGRATS and thank you for taking your time to answer my post.

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.

What Ray predicted seemed to make sense, but unfortunately there were other  factors that  interrupted his predicted scenario.