What about Not-for-profit HOA's.Anyone heard of this?

I was wondering if a manufactured home would be an economical and profitable solution. 

I also know finding a quadplex as a first property in Orange County isn’t going to be easy, but I’m open to hearing people’s thoughts.My goal isn’t to turn a profit right away—I know properties here might not have positive cash flow for a few years.

Stationed there almost three years, sold with profit and tax break for how long we lived in the house.

Make sure both parties fully understand and agree on:How profits/losses will be split Who is responsible for what (e.g., repairs, management, communication with the seller).Exit strategies in case things don’t go as planned.When you do find the right partner make sure to create a joint venture agreement that outlines all of this clearly.

A good landlord understands that vacancies & Rent-Ready costs will destroy your cashflow and profits.

It is not a scam, but you will have a very hard time finding a deal that is worth working with them, and frankly you are going to have to find someone that does not understand at all what their property is worth and get them to accept a super lowball offer to make it worth it. even then their points and fees will eat up so much that getting the 10% down loan will have a much much higher profit margin.

I do by the room and house hack, and for now I self-clean (takes me 10 minutes) and make way better profit than if it were a whole house rental. 

More storage equals happier tenants, and happier tenants equal bigger profits.

Hey Ken, yes, total net profit is $25,000.Closing costs, holding costs, closing costs .