I grew to discover I partnered in the wrong way because in 2017 I signed as a guarantor on the lease for up to 5 years.

With out a mutual PSA agreement in hand there is no"discovery," of market value other than the comps that the appraiser actually finds around your fourplex.

We feel very fortunate to have stumbled upon this discovery of mobile home fix & flips, and although we are primarily flipping in parks for the time being we are definitely looking into pursuing this method with manufactured homes on land.

It would be great to connect through this process of discovery and hopefully success in investing!

I have a guy hiding behind an LLC that owes me over $400K, and I am getting the paperwork ready and will be meeting and doing discovery and in the discovery I will ask are you the owner or have any financial gain in this LLC, and I hope he says no because I can prove he does and the rest is easy.Joe Gore

For triple net you have to have hundreds of thousands of dollars to invest and buy at a minimum.Unless you are comfortable going in and forming a partnership agreement with multiple parties to buy that way.If you are not comfortable having partners and do not have enough cash then you take triple net out.Now you are left with say apartments versus houses.It comes down to economies of scale with 30 units in one place or ten houses spread all across town.Buying houses in nicer areas will limit problems but it will also reduce your cap.If you are fine say with an 8 cap instead of a 10 for a nicer area and less headache then go for that.Sometimes people are unrealistic and want the nicest area at a 10 cap when things are trading at 7 to 8.Generally in those areas you get more appreciation on the back end.It's all a discovery process for what you will and won't accept and how much money you have to do it with.Apartments you can get in great areas 4 to 5% annual rent bumps whereas triple net maybe 1.75% to 3% a year depending on the deal.

We have reason to believe that the lender is willing to accept less than the published "upset price" but I don't want to "win the auction / bidding" only to discover I won't get the property.

Check it : http://www.biggerpockets.com/forums/311/topics/101515-did-i-just-discover-i-have-a-winning-jackpot-ticket--thoughts I like what @Michaela Graham said - the scarcity is what makes it cooler.

Discover is currently offering 0% interest for 18 months.

Leon,If someone does sue the LLC and name all the unknown John Does that belong to the LLC and all it will take is the party that is suing to do discovery under oath, and that will open the door to get to the owner.Joe Gore