They just blended in and I simply had no idea they were there.They are getting filled someone and it can't completely be by the on-site management company.Any of you guys interested in getting together to talk Mobile Homes and Mobile Home Parks in the greater Nor Cal area?

Hi @Aaron Xie You could:Lend some money to reputable developers / investors (can be risky if you don't know who you are lending to nor understand the specifics of the deal)Invest in a single apartment building with a 10%+ cap rate (risky if this is your first investment)Invest in several properties through a reputable turnkey provider with a blended rate of 10%+ return (most diverse and least risky in my opinion for you)Invest in a few notes via reputable p2p lending site (the most passive strategy of all, stick with debt vs equity investments)I suggest looking in the Chicago and Indianapolis areas as both of them offer lucrative returns if you focus on investing in the right micro-markets and have a great property manager in mind.I'm sure some folks from those areas would be happy to refer you some great contacts.

I do know I wouldn't blend my current LLC into a new property with new partners.  

Are you investing for cash flow, appreciation, or a blend?

Worst case call a flooring pro and they can patch it to blend in. 

Here's a construct for how to go about this: * Location* Cash Flow* Property Type* Property Condition* CompsLocation: Decide on a market, neighborhoods within that market, and specific hyper-local factors.An ideal market for many new investors might be one within an hour's drive of home, a place that offers a reasonable blend of long-term appreciation potential in the investor's opinion, while also offering acceptable cash flow opportunities on average. 

Therefore, back-end is needed, and the only effective way to measure the blend is the IRR.Now - for some people cash flow is it, period.

Are most savvy BRRRR investors blending the fees/points into the refi or are they doing their calculations and basing their offer price off of paying the fees/points out of pocket and recouping it on the refi? 

If you can blend the two together maybe you can find an appropriate ARV. 

I now have a ~800k property that I'm purchasing as a second home, closing in 45 days, and have the option of a:10% down, 30yr piggyback, either a 65/25/10 conforming at 3.5% - 4% blended rate, or maybe a 80/10/10 jumbo; OR5% down, no PMI 5/5 or 10/5 ARM mortgage, possibly as low as 2.75% for the 5/5 or 3.25% for the 10/5.I've no experience with either.