It means a lot to have people like you willing to offer advice and warnings, which I highly value.

My plan would be to build a community and keep every lot to rent out.

I am considering moving a mobile home from one lot to another in a mobile home community within the city of Edmonton, AB.

It's given me a lot to think about, and I have several more questions.1) For this particular sale, the county says that the deed will be delivered in approximately 4-6 MONTHS from the time of the auction.

Quote from @Juanito De Dios: It's a lot to cover.

Thats an aweful lot to digest if you are just getting started.

Of course, the quickest route, albeit requiring a substantial upfront investment, is to purchase a rental property and start earning rental income.There is a lot to break down, I'd like to help further if you want to reach out.

I have read about it over the years and while is seemed a big far-fetched when I was younger, I am now at a place where I can see the logic of the expansion over multiple properties - I think it was the BRRRR method that really sold me - where each property can contribute to the down payment of the next property (Still have a lot to learns about the mechanics of that and the balance of the extra monthly payment cost of the cash out re-finance, but I can visualize the logic of the concept).Sincerely,Joe

There's a lot to be learned here.I'm new-ish to the forums as well, but I definitely recommend taking a look at some of the guides and manuals on here.

If they back out, they have a lot to lose and you can put the property back on the market without losing money.