, and he wants to do a bunch of Lonnie deals (mobile home investing) or subject-to purchases to turn into rentals, so on top of my wholesaling, I'll be trying to source some of that for him.

Structure Type Households (000s) Percent Residents (000s) PercentSingle-Family 13,323 33% 39,181 40%2 to 4 Units 7,621 19% 18,753 19%5 or More Units 17,816 44% 36,562 37%Mobile Homes 1,309 3% 3,664 4%Other 166 0% 294 0%Total 40,235 100% 98,454 100%Large Cities: Population, Housing, and RentersCity Names Population Total Occupied Housing Units Total Apartments Apartments Percent Of All Housing New York, NY 8,244,910 3,023,330 1,514,341 50%Los Angeles, CA 3,819,708 1,304,145 545,250 42%Chicago, IL 2,707,123 1,016,342 288,115 28%Houston, TX 2,145,933 774,630 292,875 38%Philadelphia, PA 1,536,471 576,429 89,510 16%Phoenix, AZ 1,469,484 519,369 109,413 21%San Antonio, TX 1,359,730 482,783 114,840 24%San Diego, CA 1,326,183 468,194 135,928 29%Dallas, TX 1,223,378 455,371 176,882 39%San Jose, CA 967,478 305,460 68,190 22%Jacksonville, FL 827,909 311,369 60,646 19%Indianapolis, IN 824,232 324,438 66,434 20%Austin, TX 820,601 331,582 125,401 38%San Francisco, CA 812,826 342,706 130,869 38%Columbus, OH 796,014 322,314 88,469 27%Fort Worth, TX 760,758 263,676 55,177 21%Charlotte, NC 751,074 292,715 69,808 24%Detroit, MI 706,640 253,629 37,409 15%El Paso, TX 665,577 219,568 37,451 17%Memphis, TN 652,078 245,836 53,958 22%Boston, MA 624,969 251,745 88,669 35%Seattle, WA 620,778 282,492 99,602 35%Denver, CO 619,968 266,624 86,859 33%Baltimore, MD 619,493 239,251 51,505 22%Washington, DC 617,996 268,670 111,192 41%Characteristics of Apartment Households and All U.S.

Does anyone have a mobile home park under contract and would like some assistance completing the due diligence?

I knew I had to be there for 3 years, and purchasing a new 16x80 mobile home on a city block of land cost $5 less a month than renting an efficiency apartment.

I think this recent housing bust has emphasized just how little mobility you really have when you're underwater on your house.

He painted it with the mobile home roof paint.

I read "However, for mobile home parks, the depreciable costs are typically in the roads, water lines, sewer lines, electric poles and so on.

In my area, Mobile, Al., you can file your own unlawful detainer if the property is in your name.

HahaI just wanted to pose a scenario and see what you all think.There is a mobile home park listed for sale near where I live for $435,000There are;27 spaces8 park owned mobile homes renting for 320-5456 that just rent pads for 145-170A $30 water, sewer, trash charge per rental.Assuming the low end and taking the utilities out this comes to $5910 a month.

Not sure how mobile you are (kids, wife, that want to stay where they are or able to move freely) or what your income level is, but you could rent out your current residence (rental income on that one would not count towards DTI for 2 years or more so you'd have to qualify with both payments), then buy a 4-plex as owner occupant, live in one unit for a year or two, then move on.