The real worry is what is the return when you account for the inevitable damage from the trashed out units you get back from the poorly chosen tenants they placed in them.

Its definetaly a gamble unless you have personal info on the owners, deceased, no heirs, in prison, etc. 

For example - the seller can use it for their due diligence fee, pay off a credit card, pay off a medical bill, gamble, buy a bathtub full of gold, etc. the moment they receive it (normally the day after the offer is accepted).

If a tenant -- which you have chosen -- damages the property of another tenant or hurts them physically, then you could be held liable if you don't have the right language in your Good luck!

Learning on the fly, I could barely keep up, but the frenetic pace and seeing daily transformation were early indicators I had chosen a career I would love.The plan was initially to sell some of the homes to pay for others Caleb would keep, but our execution would alter that.

Before taking the plunge, honestly assess your finances (income, debts, savings, and risk tolerance) and research your chosen market thoroughly (rents, vacancies, property values, landlord regulations).

There’s a ton of ways to invest remotely that don’t involve single family homes or even residential real estate at all - or even owning the property - like my chosen path.

My goals are to cover expenses first, then replace my income, and be capable of having no job by 40, I am 33 now and will always want a job, i just set a 7 year goal to achieve that so that I can enjoy time with my wife and future kids, and take care of our family and circle of friends if ever needed in emergency.Overall these two funds were chosen because MHP's are typically more recession proof and safe.

Either way is a gamble but if they are a legitimate business you may have a chance at 25-50 cents on the dollar or more and that's a better return than zero.

Gambling on yourself in REI by liquidating your retirement without first having any experience, is very bad advice, imo.