I've been on the BiggerPockets podcast twice:http://www.biggerpockets.com/renewsblog/2015/02/26...https://www.biggerpockets.com/renewsblog/biggerpoc...... and am launching my next MHP investment fund late this month (October of '18).  

An extremely detailed scope of work along with an extremely detailed contract, are the keys to a project that is going to finish on schedule and on budget, without surprises. 

@Thomas Farrell if you have any experience managing property/construction projects, I would look in to flipping properties and keeping the once that you see an acceptable cashflow on when finished.

This is one often forgotten before it's too late.

The tenant has not been the greatest, one example being late on paying with not always paying the late fees.

Hey @Rich O'Brien, late to the party here but curious to see if you were able to find a way out of your tough situation.

.- If you're going after a seller finance deal I think once you understand what it will take to get to a finished state its simply a matter of aligning your needs as far as short term cashflow with the current rents/situation, with the net number the seller needs after the refinance.  

Every investor has their own path, and hearing different perspectives will only enrich your journey.Challenges in Real Estate Investing:Finding deals: In competitive markets, it can be tough to find good deals that make sense financially.Capital and financing: Finding funding, especially as a new investor, can sometimes be challenging.Dealing with tenants: Managing rental properties and dealing with tenants can be tricky, especially with issues like late rent or property damage.Market risk: Real estate markets fluctuate, and external factors (like economic shifts or local development projects) can impact property values.I’d be happy to continue the conversation if you want to dive deeper into any of these topics!

The reason i have not purchased lately is I do not want to be that patient to wait for a good return, even though I am confident it will be a good return 10 years after purchase.  

You don't want to get a call 3 months into a project where you have lent money and hear the operator say that they ran out of money and need more money from you to finish the project or you will lose your investment.