One month of vacancy costs you the mortgage payment, utilities, landscaping, etc.

Plus some landscaping up keep.  

Cleaning the landscape makes a huge difference.

I have a wooden retention wall as attached which is about 30 year old I think from the time when this building was constructed, I have made slope down on right hand side corner last year for landscapers, tenants to go into ditch to cut the grass rather than leave it become mini forest with poison ivy plants as well there.

A lot of times, depending on city ordinances,  landscape overgrowth, on the home, on the roof, on the sidewalk, garbage near or around the home,  just to think of a few things, can result in violations and fines from the city.

There are several compelling reasons why this region is becoming increasingly attractive to investors and businesses alike, and if you’re considering putting down roots—or even just exploring opportunities—this might be the perfect time.Thriving Industries and Big Business InvestmentsThe economic landscape in Louisville and Southern Indiana is robust and diverse, with several industries driving significant growth.

But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200‬/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).

Navigating Portland's tenant-friendly landscape can definitely be a bit tricky.

Project included new windows, new doors, new siding, new floors, new bathrooms (vanities, toilets, shower, lighting), new kitchen (appliances, sink, granite counters, cabinets, lighting), new paint, new pool liner, new landscaping.

We’ve been navigating the funding landscape ourselves and have come across some interesting trends across various states.