In the past year or three, counties have become more aware of this tactic and are more vigilant.

I did this three years ago, but I only had one child (2 at the time).

@Adam MittermeierYeah trust me I listen to BiggerPockets Podcast for hours and I’m actively reading three real estate books right now.

@Verna Littleton and @Nathan Beach have jumped in and are ready to rock.From our experience with human beings, we always scout at least three other alternatives who can jump in and take over at any given time since we can't afford to slip.

If you are looking relatively passive you might want to check out my article on Three Key Routes for Passive Real Estate Investing

Three to five-star parks can usually be financed non-recourse through a conduit lender or FNMA at very attractive rates and terms (75%-80% LTV).

It would be worth more to me to build three units on 75 ft than buy two lots located far apart at 37.5 each.

So what's the cost of a loan, tied up money in an attempt to save potentially 10-15k over three years.

Hi Austin,It's awesome you have $40K saved up at 19 years old.Before you jump in, here are three things I would do first:1. 

I take a 30 year window, and take the three major capex items... roof, HVAC, and Water heater, and add their costs together.