Sellers or JV partners may value a hands-off partner who can handle rehabs.Start with a Strategy: Whether it's BRRRR (Buy, Rehab, Rent, Refinance, Repeat) or simply flipping properties to build capital, define a clear path for your first few deals that aligns with your long-term development goals. 

In short, he could simply not return the money or the profit by saying that he had reasons of force majeure, without clarifying any additional details.

And to top it off the Gurus simply hire one of the  fulfillment companies that do all the marketing and work for them for of course a portion of the revenue that is a huge business too with fulfillment companies making millions upon millions. 

If you are near the end of your journey and simply looking for stability and low overhead then I could see paying off mortgages, however that is not the most adventegous from a wealth building perspective. 

Depending on the neighborhood, there simply might not be a lot of demand but I would not get discouraged.

I wouldn’t get a 15 yr mortgage, even if that builds equity quicker because you are simply putting more dead money into your property.

Water leaks, problems under the trailer ie insulation falling, a tub cracking, a new roof, frozen/cracked pipes (usually in January- and plumbing companies simply will not respond to mobile homes), rotting siding, bad exterior doors etc. 

As long as you specify the bank name, address, and interest rate in the lease, you're meeting the legal requirements.To avoid the hassle of having to have the tenant sign the lease twice, you can simply leave the account number blank in the lease and note that the deposit will be held in a specific account at a designated bank.

One needs to simply stroke a check pay it off then figure out how to get their money back out of the deal by either selling or refinancing this is the ONLY way to protect the sellers credit.

Keep in mind that a rule of thumb is simply a rule of thumb.