What is your expected appreciation and what is the data to back that up (e.g. how confident are you in you answer)?

Finally, double-check local demand and rent trends in the area to ensure the pro forma income is achievable.I’ve worked on several mobile home park deals as a broker and am currently helping a few clients sell their parks, so I know how important it is to ensure the numbers make sense both now and in the long term.

She finally agreed that it could work. 

With your background in lease management and site selection, that could be a natural next step.Regarding STRs, I can understand the hesitation—accurate expense tracking is critical, and not having that data can make evaluating deals frustrating.

But you need to get the comps from the best data out there, the MLS.

I just completed my 20 hour course for my Illinois Mortgage Lending License and the final step is taking the state exam.

I’ve seen seasoned investors mismanage funds just as I’ve seen newer investors deliver solid returns by being disciplined, transparent, and data-driven.Rather than focusing solely on experience, I’d argue that the real minimum requirements are:1.

Still, this is a poor time in the rental season and 1 months rent can be expected as a cost of vacancy (in addition to the cost to clean and touch up - $900) .Finally and I hope this is is the last one lol - Another tenant is moving out Jan 31st and this unit also requires a full cosmetic rehab.

I'm also working on a Google Data Analyst certification to bring in some extra income while I'm home with our 19-month-old daughter.I'm still pretty new to this, though, and I'm not sure where to start or if I'm on the right track.

They do not want the other person's name on the deed or the mortgage once the dirvorce is finalized.