@Karey Wright - I have a second deal under contract already from auction.com.

Hey @Reggie Wright I think in a lot of areas pre-HUD (i.e. pre-1976) trailers cannot be transported on highways without being lifted onto a flatbed truck, which is substantially more expensive.

Welcome Linda & Woody.

hello everyone on BP my name is Linda Lane My husband and I are on here to interact with everyone possible and lean as much as we can.

Item 3 of Linda's response is crucial.  

@Tim Wright Welcome to BP, if  you haven't yet setup your keyword alerts yet, be sure to do so, so you can be kept up to date on all the threads that relate to your interests.  

My main question is about the rental market demand, what are better cities to pick from - Redlands, Loma Linda, Colton, San Bernandino.What price point shd b considered good, would I be better of investing in SFR ($200k) or condo ($100k-$140k), In any case my cash flow would be $100-$200 I am interested in one ppty - I have to give an offer to the seller, not sure how low can I go based on the listing price..can I offer 20% down the listing price or would it be too low?

Linda

I also have signed up on Linda Limehouses sight to get notifications of new homes on the market every day and I peruse those daily, helps me get a handle on what things are going for.

@Linda Weygant Our CPA assured us if the unit is used as an home office/model unit and market rent is paid for business purposes, it can be deductible.