Are saying it's a better idea of figuring out and going after a specific niche or group of people who have a reason to downsize or need a different type of home?

What type of investing are you looking to get into?

What made you interested in investing in this type of deal?

It is very simple and cheaper to set up the LLC in NJ vs NY ($50 vs $200 when going on the state website) what is still an open question is I also need an operating agreement for the LLC once set up, wondering if that is also free as part of just getting the LLC set up on the state website or if I need to use a lawyer or a legalzoom type of service to do that.

A foreclosure rescue scheme is a type of fraud that takes advantage of homeowners who have fallen behind on their mortgage payments.

But if you can find the property which can qualify as rural, then you can finance.As an example, farm labor housing is multifamily and there are specific programs inside the USDA portfolio which target those types of properties.

Curious how someone with a bit of real estate experience would handle this type of situation.

I am a wholesaler out of Maryland looking to start content creating on my journey, looking to connect with some people that do the same type of thing.

As Nick said, just confirm prepayment penalties for your loan type in case you want to refinance.In IL, duration of prepayment penalty is limited so the penalty can be higher at times

I also don't want to focus on one market, and not be able to score the right property for who knows how long, and then end up missing out on other locations, as being a long distance land lord is very popular as well.