Over 4k in damages, utilities, past due rent, court fees, tons of trash, holes in walls, pee everywhere, etc. 

welcome to BP and the forums @Frank Oliver I hope you find it as eye opening and supportive as I have over the many year's I've been participating. 

Happy to send over some referrals - some are better for big rehabs vs small cosmetic vs subcontractor only projects.

Off-market deals give you control over pricing, terms, and creative financing options.

We are a small partnership with 4-5 properties currently, but we are growing and hoping to find a reliable lending partner that we can do repeat business with.About 3 months ago, we successfully completed a BRRRR deal where we had excellent numbers, over a 1.25 ratio at 75% LTV, our guarantor partner has an 800+ credit score, and we had no issues qualifying for the loan.

In the webinar, he stated he's been buying/selling MHP for over 5yrs and just recently he and his partners started the investment group. 

Also, the tax benefits you expect might be over-hyped: https://www.biggerpockets.com/forums/51/topics/1075919-five-...Figuring our whether there is a useful tax strategy in your situation would take a one-on-one consultation with an experienced tax strategist, and here is how to find one: https://www.biggerpockets.com/forums/51/topics/1222774-expla... 

This is my fear, I have not crossed over to a property manager but just what you discuss has me worried because one day I know I'll have to. 

So a loss of about 55k We did a lease to own option so I could immediately take over expenses but keep their primary resident loan and interest rate.We agreed to a deal which would cover all their expenses at closing, their remaining loan balance, and $45,000.

Real estate investing can be an effective way to build long-term wealth, and among the various strategies, one has gained significant popularity over the years: BRRRR.