The photos are of the park it overlooks, the backyard and the house (on pg.4)My Goal: Live rent free and earn some cashflow on the side. 

Their investment philosophy is different than mine I guess - they’re “parking” their money, whereas I am trying to build wealth at a faster pace hopefully to partially retire in X years. 

With retail you have mom and pop, regional, and national tenants.Often mom and pop tenants can't afford attorney representation so try to do things on their own to negotiate a lease.Owners could try to write anything into a lease but doesn't not mean it is legal or enforceable.

Hello All.Thank you for the helpful posts.Jeff, I am currently located in the Northern Suburbs, specifically in the Park Ridge/Niles area.

My partner and I are in negotiation for a 6-unit property in NE Ohio, below are details: 4 rented, 2 vacant / average rent $735 (4 rented units $720, 2 vacant $775)Owner pays water, sewer, trash2 br, 1.5 bath, roughly 900 sfGarage with door + extra parking areaRoof in good shape, air and furnace in good shapeRealistic gross all units filled: monthly $4,400 / yearly $53,000We walked through both vacant units, very clean and basic.

Living in this area over the past few years I've noticed how it's steadily improved, with great restaurants, parks, and schools nearby, and I'd like to continue living here, but I'm also not opposed to moving if I found a great deal elsewhere.Anyway, that's my deal, thanks for reading and I am happy to be a part of this community.

Property radar on the west coast already does this and any TRUE court house step bidder their title company will do all this for free.In Vegas for instance the sales are in the parking lot of a title company daily and they hand out the exact same type of info.. go no go caution etc.. based on their title searchs.. plus they have reps walking around helping U.In other markets were title is pulled by abstractors think most of north east from SC north..

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

I'd suggest starting with a park that already has the vacant pads and hookups complete so you can fill those in with new or used homes.

I attended a national REIA meeting last night on Self-Directed IRAs (presented by Equity Trust).