However, a wall sitting on top of conc. is not typically allowed however, there are work arounds.

I furnished the other unit and am sitting on it until July when the STR lottery opens. 

As always, read ALL the terms before you sit to close.

I recently came across 1 acre asking for 314k in a very good residential and growing location, so the current owner has added 4 manufactured homes with 4 electrical meters, 4 septic tanks and only 1 water meter for all 4 homes, the homes are sitting on partial slab and partial pier & beam, he also added 2 storage sheds approx. 380sqft with the intention to make them ADUs they are still only the shell so I would have to get those ready to live in, so currently the 4 manufactured homes are being rented and bringing in 2800k a month, 3 of the homes are needing some TLC which could increment rents and possibly get me at 3600k a month, also being a 1ac lot this still leaves about 12,000sqft of raw land where you could build etc.So that is on the good side now the things I did not like so much, the lay out is poorly executed to where it makes it looked crammed up and not professional but it could be fixed.Another is that in reality there is only 4 livable units so that qualifies under a conventional loan but since they're are 6 units on the property the banks are wanting to take it as a commercial so we would have to move out the 2 storage sheds out in order to close as conventional.Another concern, technically you are only allowed to have one manufactured house or single wide in your property according to what I know but I know it could change according to zoning which I will investigate, so my question is has all this been accounted for and if so how can I verify it so it wont leave me in a bind further down the road, I currently asked my agent for the appraisal of the property to see if that might verify.Any recommendations?

Even if you break even, you will lose money every month it sits vacant, when you need repairs, property management, etc.

I am also studying to get my real estate license and anticipate sitting for the exam at the end of February.Hey @Brian King, welcome to the BP Forum! 

Listings that have been sitting on the market seem stale, not exciting and spook buyers in that they may think there could be an issue as to why it's been sitting on the market. 

No sure My Lori is in your Ex wife league but she is trying Hard :)  next year we will have to have a sit down about all these close and such..

Buyers don’t care if you shelled out more on the rehab, if you’re priced too high, you’ll end up sitting on the market way longer than you want, driving up holding costs.Lastly if your buying on market, REO or Corporate sellers are dominating and not as willing to negotiate as owners would.

Do you get interest on that money that is sitting there in your home?