Then get permanent financing based on the equity in the building, pay off the construction loan, buy out the developer and have a cash flowing, appreciating investment forever - 3 blocks from the beach.Of course you need to make sure all the numbers work but I own a building one block from the beach on the west coast and I rent apartments for astronomical sums in minutes to great tenants and as for appreciation - again great.

Just left a message on the new members board introducing myself.. don't want to repeat too much but I've worked in a traveling engineer position the last 4 years which has had tremendous monetary perks.. unfortunately the work is slowing down and I've been offered a permanent position in the home office in Worcester, MA.

Am I delusional or can 1 acre, city lots with permanent renters really be cash cows?

There was no permanent damage to the place, but they made a big mess at the place that had to be cleaned.

,At the Agency level there is no such requirement with that level of specificity, so I'm guessing this is a local building code thing.In California for example, homes must have a permanent heat source.

But with any flip, you just never know if that temporary will be permanent as not every deal makes money.....In my mind, it would be a calculated risk.

That brings me some peace of my mind as future investors will no longer be able to see the website advertising lies and deceit.I'm hoping he is out of business permanently.

If that's the case and you forecast that five years will mean selling in the down cycle maybe it's not a deal you want to do.On the other hand if you are a long term investor (15, 20+ years) with your own money or permanent capital like Warren Buffett has then the market cycle and what you pay are not nearly as important as what you project the jobs, economy and population growth to be in the local market over your hold period.

Manufactured house is 10 years old, on a permanent foundation with a 433A recorded on it. 

The banks will loan the money to build, and once the home is complete I have one year to convert my construction loan into a permanent  loan.