MHPs are an eyesore, and board members of every growing city can’t wait for a developer to bulldoze the park and throw up some condos.

@An Lan I’ve lived in many cities where overseas investors do this.

Are you in the city or in a suburb, for example?

When wholesaling vacant residential land (city lots or larger residential parcel in rural areas) how long is the due diligence period?

Like any city, there is dilapidated housing stock in rough areas that can cost more to upgrade than they are worth. 

We are looking to buy a condo in Chicago as the new rental, for a variety of reasons, but most importantly because it would rent better in the city, and it fits our desired price point (so we can allow for the rest of $$ from the sale for paying off their Oregon home and pay all, or some of the taxes on the boot). 

Also if your condo HOA doesn't stop you the City of Plano might. 

What city or areas should I look at and what should I avoid…and probably about 100 other questions.

I'm based on the west side of the Twin Cities and am investing on MN's North Shore (Duluth, Two Harbors, Grand Marais) The house were under contract for is a long-term duplex. 

The Suburban markets with New construction offering decent builder buy-down rates 5s %, and selling completed inventory homes to investors is an opportunity we’re pointing investors to, as well as Duplexes outside the city, that’s where we’re finding some of the best options to get closest to positive cashflow with 20/25% down.