You mentioned using an FHA loan, but that poses some real challenges in the city for a three-unit building because it's very difficult to find properties that can pass the FHA self-sufficiency test.

In your example if value is not sufficient, they will hold you each accountable and if your four partners disappear, the bank can still hold you personally responsible for the entire deficit.

The gurus” selling mentorship’s and “canned” programs to a inexperienced investor oversimplify the strategy; ignore the difficulty; incorrectly claim that the education they provide is sufficient for success; lie about their own qualifications and experience and success; belittle “real” business/financial/real estate education and provide a totally unrealistic picture of lifestyle, effort, and chance of succeeding.  

Micah Markowitz , cash advance is not a sufficient way to withdraw $50-$10k from CC's.

Not sufficient to build a dorm style house, but he had to add a very large ADU (the ADU looks much nicer than the primary dwelling). 

It is about quality, not quantity. 

Nine times in 10, the truth shall set you free, and real life contains sufficient true facts to make it work. 

How is quantity of testing determined over 30 acres? 

Obviously, most sellers believe they are not sufficiently knowledgeable to make the sellling decisions on their own, and prefer to spend the extra 3% for help.

Hello everyone, I recently came across a larger quantity of mobile home parks and would like advice from a more seasoned MHP investor that has ample expertise in the field.