This gives you the opportunity to not have to pay out of pocket for a primary residence you can't occupy.For @Andrew Miller - as someone that's done multiple renovation loans myself and helped 100's do the same, here are my biggest tips:1.

Upon inspection the appraiser will see the crawl space and see it was a mobile home plus a HUD tag and public record.One of the requirements in mobile home financing is the property "Must" be on a concrete permanent foundation(in order to be real property) on top of that it requires concrete pillars, skirting and the "Well and Septic" dug and placed within legal distance from subject property.

If you want a personal residence, that’s a different conversation.

Although there is no way to prove this, (I reside in FL; the investment property is in AL) my GC tells me the unit was secured by a cage and bolted down.  

You are free to build whatever you want, sell the house once is finished, and the lien-holder (original seller) is paid off through title when the new house sel The seller is wanting us to build him a new primary residence.

My accountant's office called me the other day and let me know that I could amend my 2022 tax return and claim losses due to Hurricane Ian to a primary residence property and a investment property. 

Since you don’t have a primary residence, getting an umbrella can be a bit tricky.

I would not buy on a land contract (maybe a piece of land but not a residence) but have owned them in the past (we bought them on secondary market).Way too much risk as the borrower - see the post I made yesterday in the note investing section where a homeowner gave someone a land contract and still sold the house to someone else.

Investment Info:Single-family residence fix & flip investment.

Interest rates and cap rates change, competition changes, your PM ends up being horrible, lots of variables.Just to throw you a monkey wrench, in your killer spreadsheet does it include the credit score, income, and employer of every resident?