This is what I try to stick by when I buy mobile homes.70's model no more than $100080's model no more than $200090's model no more than $4000If you are patient enough you can get some rocking deals.

Providing these solutions for my clients is what I enjoy doing.Living in the Detroit area I notice so much potential in real estate, education, sports, filming, public safety, and much more.. that would help "The D" reform, and grow.

A good lesson to always use gloves, safety glasses and maybe a mask too when doing this in the future.

You sound like a smart dude so just be patient and make sure you're doing something you understand.

The aggrevation of a bad tenant costs way more than a couple of months rent.There's plenty of good tenants out there, be patient and get a good one.

When you can self ensure your future security you can cash in that safety net plan and be more aggressive.

Hard money is a loan no matter how you slice it, so you probably should have had a financing contingency as a safety net.

However, I'm finding a number of properties that seem like they would net me so much more than the "$100 per unit" after the 50% rule that is so often discussed in these forums, that I can only assume I must be missing something.For example, take this Sacramento Duplex:Price: $50,000Monthly Rent: $1,600Expenses (assuming 50% rule): 800Mortgage (assuming 20% down, 30yr @ 7%): $266Profit: $534 (or 267/unit)Or this San Bernardino 4-plex (each unit is 3/2):Price: $100,000Monthly Rent: $3200Expenses: $1,600Mortgage (same assumptions): $532Profit: $1,068 ($534/unit)Coincidentally, these properties give the exact same ROI.Now, I'm certainly not suggesting these properties are everywhere, but I normally find a few new listings like this each month (most last about that long before they're taken down - I assume because someone snatched it up).However, assuming I'm patient and assuming the properties I'm finding with comparable numbers pass inspection, with a 60k investment, I'd be looking at about $38,400 in profit per year, or a 64% pre-tax return on my investment.Common sense tells me I must be missing something, but even with pessimistic projections I can't see what it is.

He said that when the doctors work in a group their income is quite limited and once they establish a patient base they want to branch out on their own to make real money.

(Make sure to read the safety precautions)We are currently at about 95% fresh smelling now (and thats without being fully painted or even flooring in at this point).