You can play landlord for a few years and you'll learn a lot from doing that (especially hands-on) - but long term not a winning strategy.

Will be interesting to see how 2025 plays out. 10 yr rates are still over 4 and spreads are not coming down quick enough to rescue people who bit off more than they can chew.Good luck with your MHP, we like that product a lot and have a deal in Central Valley, CA! 

Remember when I said all it requires is to not get greedy; some would see this and obsess on being at "only" 40% ownership now and completely ignore the fact of how all that math plays out in this. 

If things don't play out and I have the ability to go wherever I want, then absolutely this would be the plan.

Aside from disclosures, which I think can sometimes hinder a purchase or a sale, it's a lot harder to play dumb as a seller when you are a licensed professional. 

Hi, I am a newbie investor who is playing the slow game in buying a primary, rehabbing, then turning into a rental or selling every 2 years.

Ultimately, it depends on whether you want to lock in gains now or play the long game.

Can you please share why or why not and how the performance played out over a longer period of time?

So we could do this loan strictly as a value add play on the self storage units and renting out the metal building.

Removing or lowering those LLPA's would level the playing field in terms of pricing, but making investment property loans more affordable is not going to help decrease prices.