This will be a generational MF opportunity, akin to 2008 SFR.

Are you still generating positive wealth when you count equity paydown by the tenants? 

Investment Info:

Mobile home note investment investment.

Purchase price: $64,250

Cash invested: $12,000

Sale price: $175,000

We purchased this mortgage note and ended up foreclosing on the proper...

If you are searching for offmarket, you can network with local wholesalers, and also use something like dealmachine to generate leads.

I do appreciate generating attention to the post for guys that might have some advice that isn't the obvious.

If I choose the rental, then all income generated will be taxable income moving forward, because none will be off-set by the interest I could deduct.  

Early on, rents would remain market-aligned to ensure the portfolio generates the income needed to cover expenses, pay investors, and reinvest in expansion.

My current brokerage does not help generate any leads or anything like that.

You will then use the K-1 generated to prepare your tax return. 

I’m exploring the idea of turning it into a furnished long-term rental to hold onto it, generate income, and possibly return to STR when things settle down.However, I’m new to the furnished LTR space and would love advice!