Hopefully someone more experienced can speak up on this but for me it seems as though southern California is an equity play more than cash flow.

When I bought my property in 2013 I could go lower than 25% but then PMI comes into play and that can be a deal killer.

@Allen Maris If your only using RE to foster your own investing interest you should be able to find a pay to play monthly broker.. something like 200 a month plus a transaction fee.. those guys will be far less sympathetic to back biting from agents.

With a little bit of DD and paperwork...raising rents, converting POH to tenant owned...I think this park could make even more and be less management intensive very easily.

He was a principal in the creation of the SAFE Act while at HUD, and in many manufactured home related issues at the CFPB until his retirement.Regulatory law is both complex and complicated when compared to other forms of law because in order to understand how it will play out, you first have to understand what the original intent of the law was when passed, rather than just what exists in writing.

(That’s 24000+ 4200 or $26,200) (If you haven’t heard me say this before, you need to play little dumb, play like Lieut.

This is where modification strategies come into play, that's why your collection skills and negotiation skills are crucial to your return.

Do investors often negotiate this cost down for purchases like this where the agent played a small part in the process?  

So pretty much I'm playing the role as there bird dog.

@Daniel SistoThere are a lot of factors that come into play here when you are looking at the refinance lending options.