The issue here is although there are some great investments here, the owner/occupant factor is making it tough because the houses in my budget are either too far a commute from the City or not in the condition of something we’d wed want live in the next few years. 

When changing something try to control what and when you change things so you can figure why the results were different.Also factor in other variables like the weather, the recent unemployment details, a factory closing, a new housing development being started, etc.Good hunting.John Corey

Just spoke with an agent who mentioned that the best option is to buy land, even demolish a home and build a large multifamily building using a construction loan...Account Closed - the specific goals are to purchase the first income producing property which will pay for itself and raise rents appropriately for an built in inflation factor. I

This was in the late 19th century, when its factories cranked out guns (Colt, Gatling, Browning, Sharps), tools (Stanley), clothing, textiles, cars (Pope), bikes (Columbia) and all kinds of goods.

(Compared to stock investments where luck plays a factor) I am 20 years old and at the moment I am educating myself in real estate in hopes to establish a business and this seems to be the right place!

Hi @Ezekiel MojicaGreat to see you are getting into the exciting world of factory built homes.

People are not tied to the factory towns of old.  

It used to be really something in the late 1800s with a medicine factory, a glass factory, and as a  transportation center for the surrounding farms.

The weight factor is another issue. 

However if your money factor is say .00325 as it is on many high end luxury vehicles like a Range Rover and your effective interest is 7.8% you might want to consider financing.