Just gotta do the math... but you also should include the lost space rent cost while rehabing and the mental/emotional torture going through the process of rehabing a mobile home. 

This Mountain Modern condominium has high-end finishes in kitchen and bathrooms including heated floors and custom built-ins in the living room.

And the newest ones have no pictures included, just a description.I hate to say it but I can't monitor craiglist/zillow/hotpads each and every day (and one of the ads that still shows up involves a house I've had rented since September of 2013).

Now if you are going off of our total purchase price including the mortgage that would put me at 18%.

Run the numbers specific to that deal, including rehab costs, ARV (After Repair Value), and rent potential.

I've recently seen people giving advise to take out a HELOC as a means to pay your normal everyday expenditures including bills, and at the same time, taking your paycheck from job and applying it every month towards your mortgage payment.

We are brand new to this; however, my husband has been in residential construction his whole life, including many years in project management of residential home developments.

Latest estimate I saw was $150/sqft to build not including the land.

As a former New Yorker who was a realtor in both NY and PA (Orange Co, NY and NEPA) I learned a lot about North Eastern PA which includes the Pocono Mtns and Scranton-Wilkes Barre area.

I live in Ca, this property includes a liquor license.