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It has been a great rental and would continue to be one but I think I am ready to sell it!

Hi All,
I’m a Partner at a Manufactured Housing Investment Syndication firm. We’ve been in business for 15 years, with a capitalization of $300M. Our growth has been entirely organic, driven by word-of-mouth referral...

It sounds like you’ve got a solid foundation with your rental property, and I love the ambition behind your plans to build a property management and maintenance company—it’s a great way to take control of your investments while creating additional opportunities.Best of luck to you! 

At the end of the day; you need more money to do something like this.MAX LTV on new builds is 80% LTC, Meaning if the build is $550,000 and Land is XAdd ($550,000 + x ) * .8 = LOAN AMOUNTYou would need to come in with MINIMUM 20% of the cost in addition to closing costs and reserves, $80,000 is not going to cut it for this project.

My neighbor is ready to sell his home.

I am excited to start building my portfolio and learning all I can.

If you have access to someone who is ready to trust you with their asset, do right by the owner and go for it!

If anything just buy motivating buyer lists or VA until you build your own buyers list.

Heck, even within offices, the small 1-tenant office buildings suitable for a dental practice or law practice, those are in a very different world.