I am currently looking at a 10 acre property in Texas with a 2000sqft 2005 double wide. It would be a primary residence. The mobile home I would only want to keep for a few years to live in before building a new home....

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Most who get tripped up are those buying the smaller multi-families that don't possess the correct use permit/historical rental license activity. 

Please see the rough numbers below :Tear down house price 350k,Construction cost 165 sqft * 2 build=627k too much for the land unless your exit is 3 million. don't reinvent the wheel. no single family home builder is paying 300k for land. that's miami florida prices where I live. we buy land 50k and under in Columbus Ohio. keep land at less than 10% of after built value.

Going through my real estate journey I have learned a lot, I am 24, a veteran and a graduate from Temple University,I started with aspirations of investing on a property and making a quick flip.My problem lied with fear of failing, my capital and my savings.I decided I wanted to learn the real estate market and know the ins and outs before I would make a bold choice on buying my first real estate home.

People are more likely to buy and stay here, versus move around. 

(The Black Friday sale on the Bigger Pockets bookstore was where I did my own Christmas shopping so my family knew what to ‘buy’ for me!).

You won't be 6 months of hard work from buying, you'll be 6 YEARS. from buying a property. 

Investment Info:Condo buy & hold investment.

Buying properties through non traditional channels.  4.