Hi Jason,The expenses that you are paying to rehab the property are required to be captured in the cost basis of the property when you purchase it.

Based on your budget, it's pretty simple.

I have noticed a lot of investors are seeking out cities that are offering lower priced lots and simply adding a Modular or Manufactured and capturing a very nice cash flow.There is a new trend starting in Florida and in other states where an investor buys a piece of land or lot and add a 'Tiny Home". 

Its pretty simple, we obey the law. 

The borrower simple starts remaking payments at a given agreed upon date.

Simple, point out her responsibility for safekeeping of the property.

That seems rather simple to me.

Keep it simple, stay consistent, and success will follow.

Use services that can validate the authenticity of documents and employment history.Require Detailed Applications: Ensure that the rental application captures comprehensive information, making it harder for fraudulent applicants to provide fake details.Conduct In-Person Interviews: Meeting applicants in person can provide additional insights into the authenticity of their application and allows you to ask follow-up questions based on the details they've provided.Utilize Professional Screening Services: Professional tenant screening services are invaluable for conducting background checks, credit checks, and criminal history checks.

Generally, a population of at least 300,000 is needed to capture their attention.