When thinking about selling or holding a property, ask yourself a few things: How much do you need to invest?

They tend to cost more to construct then they add in value, they are generally more valuable for a property you are holding as a way to generate more income.

Properties typically on a land lease in communities like this are more difficult to get financing on - so not only check the values but also time it takes for these properties to sell to understand your holding costs

If you are buying a buy and hold rental, do not pull a HELOC or you're paying a mortgage payment on the new property AND HELOC interest.

I would not purchase MLS RE in San Diego as this time without value adds unless I was going to hold it at least 10 years. 

Walls are drywall and don't hold up well to jump kicks. 

Also beware, suncoast will hold you for 2 years while they suck the life out of you.

It's pretty easy to get suckered into a bad out of state deal because others want to make a quick buck, and you'll be left holding the bag. 

I've got a good amount of contractors I use for our long term buy & holds with heavy reno's up front. 

Generally, the coverage of the policy will state; “The coverage of this policy shall continue in force as of Date of Policy in favor of an Insured after acquisition of the Title by an Insured or after conveyance by an Insured, but only so long as the Insured retains an estate or interest in the Land, or holds an obligation secured by a purchase money Mortgage given by a purchaser from the Insured, or only so long as the Insured shall have liability by reason of warranties in any transfer or conveyance of the Title.”