I would have set aside much more if i knew what a pain that would be.

Tenants like to set up insurance, show proof to the Landlord, and then immediately cancel the policy after moving in.

When we built up the triplex, we set it up so that each of the 11 rooms can be rented out individually (all BR, except 2, have their own bathroom behind an electronically locked door).

I met with Wicked Smart today and was told they help you set up a lead sourcing system, help you structure creative financing - which is essentially lease option/purchase, subject to and owner financing....all strategies I am interested in learning more about.

However, I've known others who have tried to get into mobile home investing but it has not worked out.

Nothing is set in stone yet, so I’m open to suggestions on how to navigate this situation.Thanks in advance, BP community!

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What's your thoughts on me setting up owner finance on my property?

We initially spent about 20 hours getting my accounts set up and organized in Quickbooks.

Since you know what you need to buy it at and an average rehab cost, I would say $50-70k for a cosmetic flip, set the ARV based on the sample you choose and doing comps and ask them if they would invest in a deal similar to this.