The real work is locating these properties and I've learned the best way to do this is to work in towns/areas that have online GIS systems that map; topography, wetlands, soils, etc. and assessors data available for download either from local sources or listsource.com.  

He makes the point that SCI did not buy this park for redevelopment but instead is buying it to help conserve the available stock of mobile homes (the largest group of unsubsidized low income housing the US) for the future while making a nice profit for investors.  

Having 2-3 contractors in each field is important, as your preferred guy won't always be available. 

Their number is available and you can call them to ask questions about the property.Why a duplex?

Some of the requirements are a valid passport the program is not available in every state.

I live in Utah, where the real estate market has exploded to say the least through COVID, so investing in my backyard isn't something I'm interested in right now.I'm looking for a market with houses available to be renovated under $50k!

With $30K available, you could look at partnering with your parents to co-invest in a property.

The first meeting will be within the next 2-3 weeks most likely (around the 3rd week of April 2023) Huntington is a bit of a hike for me, but I'd be willing to make the trip if I'm available.

Main benefits to this strategy include:- Low down payment options (as low as 3-5%)- Acquisition experience- Property management experienceThe NYC metro area has nearly 2,000 available 2-4 unit listings on the market.Other new investors consider the BRRRR Strategy.All the best to you on your journey!

The team and then myself, all tried to set their expectations, but to no avail.