They may have a few lender referrals for you since they work with lenders on a regular basis when they sell their mobile home inventory.

Usually, they work with investors on a regular basis who either buy mobile homes in parks and/or on land.

Do I need to get repairs done or I can sue him on the basis of quotes for repairs? 

.), geographic considerations (population in the 3 and 5 mile, population growth, rent, occupancy, and cap rate comps, crime statistics, traffic count), sponsor/general partner track record and expertise, asset class considerations (it is possible to invest in an asset class with a small amount of equity that you may have no experience in), master lease, exit strategy (you do not get to control the exit, the general sponsor will trigger the exit based on their goals and objectives).The other thing to consider is that sponsors will sell equity on a first come first serve basis.

We had showings everyday with 4 offers but they were all low offers.

Will pull out the costs basis of 380K to underleverage this duplex and cashflow $643/mo after vacancy, maintenance and cap ex.

Good luck and talk to someone qualified before forming your LLC and retirement plan.I'd rather pay myself less if the distributions could still be used as a basis for solo 401k contributions.

So far we’ve been blessed and have not seen much of a decline in our revenue, partly I believe because we have been diligent in working with each tenant on an individual basis.

For education, I'd recommend browsing this forum (wholesaling forum) every day.

With first of month...all people are locked out  and officially late on the same day...with anniversary billing, you essentially have people that need to be locked out or notified of being late every day of the month.