Hello everyone I have a question regarding the best way to transfer property within a family so the the previous family member gets proceeds for transitioning to a senior citizen community.

Currently I work in the renovation Industry and have for 7+ years but I am eager to transition into REI!

I could definetely add value by helping to smooth the process of them qualifying through 21st Mortgage (btw: no age restriction on MH in Virginia) but it takes away the vaue of "Owner Will Finance!"

If your property falls into one of these locations, you may want to make it a corporate housing rental and tap into these lucrative opportunities.CASH FLOWWhile you will typically get a higher annual return with corporate housing, you don’t necessarily get the smooth cash flow that you would from a tenant who is signing a long-term lease.

@Jason Dalka Sorry about your mother-in-law's situation, good thing that she has some resources to make this transition.

Buying in a "C" transitioning to a "B" is the golden ticket.

But I am currently mostly through the loan process and everything has gone very smoothly so far.

I’ve seen some document uploads in the county site that were affidavits of mortgages, but not sure if this is always provided and required. 2) I purchased a lien for what looks look train stop owned by New Jersey Transit.

Proforma paints you a nice, smooth picture that never reflects reality. 3% assumption is in line with inflation, so your rent will grow as long as there is inflation and (very important) that inflation translates into wage growth for your tenants.

Cons:Needs good surface prep (flat smooth clean)Needs to be rolled with a 100lb roller at least ($20 rental at hd)Not waterproof over woodWill curl in hot/humid/direct sunlight sunrooms etc without being glued down.Applications we have done with success:Floor leveler over existing tile bathroom then peel/stick vinyl tileOver level wood floors (plywood) Over existing linoleum Over concreteOver damaged and stained oak hardwoods (when you pull it up it does not leave a residue)