Land is valuable as I could purchase a new mobile home and install and less costs since utilities are already on the land. 

LOL southwest magazine article! 

That way you have a contract that is specific to your area and at the same time have an established relationship with an attorney in case anything ever comes up.If you want a boilerplate contract, I am happy to share some of ours, but they are more specific to Chicago/Illinois law.Here is a blog that we wrote on what should be included in your contract:This article is for educational purposes only.

Quote from @Gregory Schwartz: Quote from @Jay Hurst: Quote from @Gregory Schwartz: I just read this article from Redfin (Housing Market Predictions for 2025) that predicts mortgage rates will stay at 6.85% in 2025.That seems like one of the few predictions saying rates will stay that high.

They can provide valuable insights.Run the Numbers: Create detailed financial projections for each property you're considering.

It has 3 units, an additional dwelling unit in the garden level, and 2 garage parking spaces (which I've come to realize are quite valuable where the property is). 

@HaiderFord is also talking about the impact on Memphis.Here is an article Ford put out 12/24https://fordauthority.com/2024/12/ford-blueoval-city-set-to-...

Thank you for taking the time to share your valuable knowledge and experience

Just check the facts and figures.Like you suggested, there are various opinions, which are all valuable and it's great like that.

@Michael Baum @Grant Woodward @John Underwood @Bruce Woodruff @Terry Ouimet   @Andrew Street @Patricia Andriolo-Bull @Andrew Steffens @Jake Baker Appreciate all the valuable input from your experience!