I own in multifamily settings and the last thing I need is some idiot using my apartment as a crash pad for a party and then annoying all my good tenants!

I was totally going to say tiny home, but others beat me to it:) Putting a tiny home on there gets you nearly automatic revenue - the septic + well + pad would only take you a few weeks if you line up the players or find someone who is all in one.

I've read and dug around and come across the number of $15,000 - 20,000 per pad, but it feels like that data is out dated.

This is what I had in my notes: Plan A - buy STR more or less market ready via 1031 QI Plan B - buy and convert to STR - what I did 25+ times and called (in 2002-03) BFLR (Buy, Fix, Lease, Refi) and what people on BP now call BRRRSTRPlan C - revert to Mid-term rental (monthly or longer) if STR doesn't get tractionPlan D - Land Hacking - alternate income streams and value creation: RV pads; hunting/fishing rights; timber production, options, or sales; alternate marketsPlan F - Modified Homestead; value add from "local use dimensional lumber" in building, follow the Section 121 exclusion rules and reside in property 2 out of 5 yearsPlan D and F means this property failed as an investment.

(here is a secret, you can't track it) I guarantee even if he says he will do the job for his cost, he will be padding it.

Not just lending on the pads but mobile homes themself as well.

She uses those pee pads and it's horrible.

I would love to do exactly that as well.Always glad to see more locals (even if the RE market here is padded-room insane).

It was a 5 br, 1 bath nightmare with good bones, that was full on gut and remodel into a beautiful 3 br, 2 bath bachelor pad.

That said, if there is something glaringly wrong with a planned transaction that the custodian sees, they will usually put the brakes on things, but they have no obligation to do so.