Our end goal is to be in a position where we can be very selective and choose the clients and properties we work with so that doesn't happen.

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

AS noted we have two small positions and communication is very good reports are on time K 1s are on time.. of course we will see how it all ends up .. but for day to day operations compared to the horror stories you are hearing about other syndicators they are doing very well.Thanks!

We still see positive cash flowing deals here with appreciation potential at really affordable price points. 

Another must have requirement is to have positive cash flow.

If you have favorable terms on those first mortgages, you might find that a HELOC or a second-position loan is more cost-effective than doing a full refinance or a DSCR loan.

Getting the federal return correct is the most important and with owning two properties, there could be some positive tax benefits.

I love section 8 but it comes with positives and negatives just like any other strategy.

Having more people liable for the lease is usually positive in my experience.

On a positive note, 100% of the purchase price should be available for depreciation since there is no land associated with the purchase.I see a number of other double-wide manufactured homes available in GR, many priced well below $120K.