@Dawn Young I've never done this but understand that the mobile home has to be converted from personal property to real property before a traditional lender will make a loan like this.

Dawn thanks for the heads up.

The whole beauty of real estate investing is that you make your kitchen table dreams a reality with simple business models (buy and rent for more than expenses; or buy and improve and sell, etc) not red tape, endless processes, and the complexity and frustrations you face (or try to escape) in your day job...Like Dawn says with the first baby, the perfect can be the enemy of the good.. probably some investors get too caught up with the analysis to try to be prefect when they could get a good deal done and manage it well enough (whereas the perfect deal person is still just analyzing and daydreaming).  

I distinctly remember there were things they did with the hot water heaters, and they were advocating replacing the rubber hoses on appliances that use water (such as dishwasher, washing machine, etc) with some kind of metal hoses that are virtually indestructible.There was a goldmine of information about good preventative maintenance steps for rental houses...

@Dawn AnastasiHow many properties did you acquire before you quit your job?

He opened the dishwasher to verify it had been run recently.

@Dawn @Dawn Brenengen I haven't tried to use a PM yet, but I may in the near future.

@Dawn Brenengen thanks.

@Dawn Anastasi, thanks.

Thanks,Dawn