Self Storage with shipping containers or other prefab units like Janus MASS .

I get with an attorney who says we can get some proof of heir ship documents from the sellers siblings, but we're still having problems closing. 

What if you had modular tiny shipping container homes where the main plumbing, electric, venting, etc. resided in standardized locations or were flexible enough to adapt to the plot they were on.

(I may also post this in another section of the forums)Example:Initial purchase price of condo: $150K (in an area where similar, somewhat updated properties are going for $165K+)Initial 20% downpayment: $30K (--> $120K loan)Renovation: $12K (new appliances, faucets, etc. nothing structural)Cash in after renovation: $42KPossible rent: $1700/monthMonthly Expenses using 50% rule: $850Refinanced mortgage payment: $765 ($8K down payment - 5%)Resulting initial cash flow: $85 (ouch)Appraised new value of property: $168K [Not sure what is considered to be the cash investment after the refinance - haven't gotten to that yet...]I'm seeing that at the outset, if everything is pretty much ship-shape after the reno (no leaky faucets, broken appliances) that the 10% allocation (monthly expenses) for maintenance might be on the high, albeit, safe side for at least a few years.

It is also what prevents you from sinking the ship on a bad stretch in the portfolio

I use NE Design and they are in Boston but they do ship nationwide...

@Sean Tarpenning  runs a tight ship @Jay M. 

The ones I use have it where they cannot except other offers from other buyer while under our LOI.This blocks out other buyers from submitting higher LOI's and having the seller try to jump ship or play you against the other offer to try and get you up on price.If you have the property locked up under LOI for say 3 or 4 weeks then the seller is more willing to negotiate on the PSA during that time and loses leverage. 

I send the docs in a ledger sized FedEx envelope and include a letter sized return FedEx envelope complete with attached shipping label addressed to my offices for return of the docs. 

Similarly to that ship, on the day of the launch, you can only hope it goes smooth and that rocket doesn't blow up in your face. 3, 2, 1, blast off.