Worst case scenario you have to offer a small rent concession, but now you know where the market is.

Selling it to someone willing to relocate it, offering it for free to avoid removal expenses, or donating it for a potential tax deduction could be better alternatives.If she passes without transferring ownership, the landowner might have to handle the trailer’s removal.

Forming an LLC for your rental property can offer liability protection, but no real tax benefit.

As for offering subject-to financing, this is something that can be advertised under 'seller financing' in our local MLS, and there's investors that search specifically for listings with that marked, so that should introduce your property to a new set of buyers that may not have considered it before.

Make the offer appealing by highlighting the short-term ROI from his renovation expertise and potential profit-sharing during the partnership.

This is as simple as going through neighborhoods and finding distressed properties, and learning how to make them offers.

If you're considering mobile homes, the first step is checking zoning laws and utility access since some areas have restrictions.For resources, Mobile Home University is a well-known starting point, and local mobile home dealers can offer insights on placement and financing.If mobile homes are allowed, you could either rent them yourself for higher returns but more management or rent out the lots for steady cash flow with less work.

Of course, if you're in love with this SG location you can always offer less so it equates to a more attractive cap rate, especially if you're a cash buyer.

The market is somewhat competitive, with homes receiving multiple offers and selling quickly, but there are still good opportunities with strong cap rates and value-add potential.Advantages of investing in a Rochester multifamily property:1.

It looks like this offer never expires.