If I thought for one minute that that area had a long term play I would never have sold and for sure the old used houses  NO WAY NO how for me..

Take it slow, create your path, see how it plays out with the first and then reassess.

Then they will verbally play along, say they will get the money and show them a second sign that says.

@Archie BarrettJust wanted to say that there are MANY reasons to consider a DSCR loan vs a conventional loan, not ONLY if you do not qualify for a conventional loan due to DTI.Possible DSCR Benefits:Can do cash out refi prior to 1 year seasoning of the mortgageCan do cash out refi with no seasoning of ownership (with some lenders)Can do a loan with much less paperwork (this comes more into play every time you add a property)Can close on a DSCR loan directly in your LLCCan have your DSCR loan not report on credit (depending on the lender)DSCR loans can be cheaper than conventional loans for many credit scores and down payments.

Im able to find great cash flow here and over the last 5 years we have seen appreciaiotn play as well. 

David, you got played.

You're absolutely right—the location plays a significant role in determining the best style for a fence.

But you won't know until you take that first step.To use a basketball analogy, you're dreaming about playing for the NBA when you haven't even tried to play a pickup game at the Y.

One thing you might want to consider is partnering with microsoft and adding a third party app to their office 365 suite of products as they have an accounting arm and many other applications already in play that you could add on just for property management and it would work on their system to integrate everything.

This cycle has played out numerous times:Mobile Home Park Residents Lose HomesMidfield Mobile Home Park Residents Lose Court BattleLoss of Another Tempe Trailer Park Highlights Lack of Affordable HousingMobile Home Park Residents Face HomelessnessIn an effort to preserve our country’s affordable housing, it is our duty as community operators to keep Lot Rents in line with the market rate.