I have a deal that was presented to me that currently has some mobile homes with permits to expand.

This is just markets behaving normally, Austin was my first target two years ago once I got wind of the permitting and homebuilding we saw the long coming in and whether it was 2,3 or 4 years the entry point was way in front of us.I don't know if anyone gets "use to" 7% rates without home prices behaving and/or wages responding appropriately.

Obviously, the rules will differ from state to state.The most successful buyers have trusted bidders with cashier’s checks in multiple denominations (for cash sales) and the actual buyers have field runners and people to monitor multiple prospective properties at a given time and check sales status for postponements due to BK, etc.This is the case in larger metro markets where many properties could go to sale but few do so.There are often better ways to acquire properties then auctions.

Any violations, open permits, etc.?

Hi Adam, we do everything in-house from the permitting & architectural to the construction itself, so that removes a few variables.

I have worked my entire career in construction and last 2 years performing entitlements, permitting, and construction for industrial developments along the Wasatch.

The solution is for people to find places where their wages permit them to buy or rent a decent place to live.

We’ll use these as visual aids in our presentations to investors, during dispo of fix and flips, and for our property managers to show prospective out-of-town tenant leads. 

You have to make sure you follow the STR permits laws though.

I'd love to utilize their expertise when assessing a property since they are local but I'm not sure what the general expectation is when I don't have a tangible property and I have not entered into contract to work with them yet.Some questions I have are: local regulations/permitting timeline, property's potential from their perspective, landscaping/amenities cost estimate (they also help facilitate this).