No major additions or big construction.Without running a full appraisal, I can only guess on the value, but I think it'll depend on how good our wholesale deals were below market rate.

While the standard Chiacago Association of Realtor's City of Chicago 2023 lease is updated and compliant with new 2023 security deposit rates and local ordinance, we always recommend implimenting an additional "overlay" or addendum that helps protect the landlord against many things that the standard lease cannot standardize that many landlords would like to, like no smoking.

So instead of putting 25% down on one $300K new build, I purchased 5 homes with about the same money down (slightly higher due to additional closing costs).

Additionally, you may also encounter unforeseen challenges during the removal of the old home and installation of the new one, which could add to the overall cost and timeline of the project.On the other hand, renovating the existing mobile home to HUD standards with the help of a contractor may be a more cost-effective and time-efficient option.

The bank statement loan will give you rates about .5% better than DSCR but you must be self employed to do that loan.

BRRRR is typically easier to employ at lower price points or if you're able to get an insanely good discount on purchasing a property.

This point of view would require additional research and due diligence to determine what is best you.

Additionally, in general, it would probably be good to find out how long the typical eviction takes in your area.

I realized they were a scam.Two days later, they informed me that they would disburse the money again, but I would have to pay an additional $810 service fee.

I kick myself in the butt because I could have deployed it a decade ago when the market was ripe for the picking, but I believed the finance guys the employers provided at their seminars.I have done it.