On the other hand who ever buys the property will have to raise the rents.

If the startup succeeds you can buy houses again. 

So waiting to buy/close in 2025 is better or “put into service” in 2025?

I honestly believe a lot of investors are being forced to buy properties that cash flow less per unit but then one big expense and you’re in trouble.

If its in a park or you are just buying the mobile itself, then you are just buying personal property, like a car.

You could easily buy land that is zoned for multi-family and find a lot where you could build 4-8 townhomes.

It won't tell you which property to buy, but will help you weed out the bad ones.

You cannot buy more sight unseen than that!

BRRRRs are a useful tool for the right scenario, but it sounds like you have the opportunity to buy a house with basically no cash in, and with probably some of the cheapest financing available.

No reason to get all bent out of shape :) (it was showing that I still owned those houses on my profile and I’m getting ready to buy my legitimate first property this year).