A drain cleaning or camera inspection or rooter might shed some insight.

What has been hinted at is the following:Listed for 3 months ($24k)Seller mentioned being willing to drop to $18K; 'Partner' wants to counter with $10k.Possible Description (Not Confirmed):3 Beds & 2 BathsCarport, 2 Sheds, & 2 DecksSunroom & Fireplace in living roomRented for $334 + Electric(This is low for non-MH properties in the area [~$750], but I'm not sure if it is normal to be that much lower)Motivated SellerI would like to know, if this property is in decent shape, whether or not it would represent an intelligent investment.

I just don't see this being possible.Can any of the Tax experts shed some light on this?

It also sheds light on the tenants you may get.

Here is my situation - please shed some light.I have been approached to be a partner is a apt complex (24 studios).

Mine runs about 2500sq ft plus an office, a cement paved lot & storage shed.

Hopefully someone from that area will come into your post to shed some light on buy & hold there.Also, please consider introducing yourself in "New Member Introduction" forum.

This might be a pretty unique question, but since I know there are several people who started their RE journeys buying a MF house and living in one of the units, I'm hoping there might be someone who can shed some light on my question.Background: I own a triplex with legal non-conforming zoning (zoned for duplexes) that I bought with FHA financing in September 2013.

I'm hoping that someone experienced with Freddie's operations can shed some light on what the best move is here.The city in which the subject property is located performs a point-of-sale ("POS") inspection on all properties to be sold.

However, @Gary McGowan has some experience in that area and may be able to shed some further light.