@Joey Chalhoub This decision should be read narrowly to address statutory frameworks such as MN where state law permits it to take property to satisfy real estate taxes/penalties/interest, sell it, and keep any surplus outright.

Eventually people die off and the homes go up for sale cheap, get abandoned and the park owner picks em up cheap and takes in the extra little bit of cash for the POH rental. 

It’s awesome that you want to use your downtime to learn more about the industry and make some extra income as a VA.

Duplex have different zoning that may permit additional units.

They don’t charge anything for these extra accounts, my tenants pay directly into those accounts.

Then progress to permits and then building.You could also just do it and hope the city doesn't notice, which they probably won't.Your challenge will be getting Certificates of Compliance on the units!

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

At 6% I’ve only saved $360k, but you would have saved $720k, an extra $72k/yr.