You can buy FIVE million dollar properties ($200k down on each)+5% in LTV = ANOTHER MILLION DOLLAR PROPERTYHowever, Lenders love LOWER LTVs because the main tool to protect themselves if someone defaults on their loan (stops paying) is to foreclose on the property & take ownership.

Its almost like the growth from leveling up a corporate career: individual contributor to manager to manager of managers to director of a department to an executive leader with multiple departments with an ownership stake.All in all, not a bad place to be in, but a foreign world.Feel free to reach out.

Everything goes through cycles; interest rates, affordability, rents, supply of housing, cap rates, rental vs home ownership etc. 

How they determined the rankings: "We focus on the top US markets and compare the cost of home ownership, short-termrevenue potential, the cost to acquire property, and annual appreciation as well as projectedchanges in asset value."

We take title on properties as our two corps with a 50% ownership share.

First MHP we had we bought and sold 40 MHs to happy customers who never would have qualified for home ownership without us providing financing - at 15% - for them.

According to the people at the presentation:http://www.tdhca.state.tx.us/mh/The FEMA trailers were not designed to HUD specifications and will not be allowed a SOL(Statement of Ownership and Location) in Texas.

Mortgage expense is an ownership expense, but it is not an operating expense.

You can also combine that with about 100 other criteria like equity (good for both free and clear and subject to opps), length of ownership, etc.Best,Sean O'Toole

The only way to qualify for 1031 Exchange treatment is if you can restructure the ownership so that you are actually selling an interest in real property (versus a partnership interest).