In most states, an undisclosed audio or video device placed in the interior (non-common) of a private residence would be illegal and could also result in a civil lawsuit against the landlord. 

Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.You can borrow up to $50k from the plan; IRAs do not allow for participant loansThere is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)

Also the company I’m using is Sherman bridge lending they seem pretty good but the interest rate for is quite high 10/90 it’s 12% is this common?

Hey Derrick- this is a common problem, and essentially the reason hard money exists.

Some multi-unit commercial buildings are tough to lease as NNN because the utilities are on one meter.

A landlord's written notice of damages must itemize the nature and amount of tenant damages, including any unpaid rent or utility payments, and must be accompanied by the balance, if any, of the tenant's security deposit not being claimed for damages plus interest.Did your landlord provide you with an official "written notice of damages" within 30 days of you moving out?  

I did incorporate the water and electricity (the seller mentioned that the renters paid for their own), with the PITI eating up that much of the income (as you'd mentioned), the utilities would just push the whole thing over the edge.Thanks again for the quick reply and the second set of eyes.

It sounds like there may be common ground there or some sort of relationship based on how you described him in your initial post, give a conversation a shot, a resolution may be easier to reach than you think.Good luck

You should also be factoring in maintenance, capital expenditures, vacancy, applicable utilities, and typically property management.

This information and approach is becoming more common knowledge as the MHP investing space gains momentum and the Frank and Dave MHU knowledge spreads to more and more investors looking to break into this " new frontier" of Multifamily investing.