Typically, the initial upfront for the rehab is either cash or a high interest loan (hard money or private). 

Properties typically on a land lease in communities like this are more difficult to get financing on - so not only check the values but also time it takes for these properties to sell to understand your holding costs

Im typically ranked in the top 200 agents in my entire state with most of my business coming from BP.

The first year is typically good for most properties, although I've had some rough starts.

But the value here isn’t in quick gains—it’s in long-term, passive income.Here’s what investors typically gain:✅ Cash flow – Rent covers expenses and (ideally) leaves profit every month.✅ Appreciation – Over time, the property value increases, adding to your wealth.✅ Tax benefits – Depreciation, mortgage interest deductions, and write-offs help offset costs.✅ Leverage – Financing lets you acquire assets without tying up all your capital.Is It Worth It?

There's no guarantee that the liability coverage will pay out unless the tenant is negligent, at fault, etc.Mold is typically not covered by insurance at all. 

Add to that the fact that private financing typically involves way less bureaucracy, with reduced paperwork and fewer hoops to jump through.

The common feedback I hear typically revolves around your accounting preference. 

The better value add deals will typically be off-market. 3.

There are options you can invest in such as oil and gas, datacenters etc. that typically provide significant depreciation.