Used the BRRR strategy, moved into the next house. 

This strategy addresses their apprehensions and demonstrates the potential for a secure and beneficial arrangement for both parties involved.In the end, if it does not work, partnering with someone with the funds to buy it with you would be my second-best option!

Instead, it's about identifying the ROI that aligns with your investment strategy and risk tolerance.

The numbers look great for cheap houses and rents and they wanted some data on the area.

HMLs are ideal for value-add strategies, where investors purchase, rehab, and then reappraise the property to pull out equity and reinvest, or to sell the property. 

I highly recommend that you read the book "Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple" by David Greene.

Also this sounds like a great strategy, however I would caution about using too much leverage.

Debating on what strategy to use as I try to grow my portfolio.

While night shift is not for everyone this strategy has paid off big time since I started investing in real estate about 5 years ago.

So in the end, I will be putting 4 new mobile/modular homes on these lots.Exit Strategy: Rent long term or Lease option to buy.The price of the "Farmhouse" is $175kRepairs: Pressure wash the house, paint inside and out, replace flooring: $10k$15k for fees, inspection, or any other unforeseen expenses$20k for Mobile/Modular Home SetupThe price on the 3 acres behind the farmhouse is $80kRepairs: Paint and new flooring $10k$15k for fees, inspection, or any other unforeseen expenses$20k for Mobile/Modular Home SetupTotal: $645kI have a lender who is willing to cover the deal @75% of the cost.I have a Gator who will cover the EMD.What I need is someone to help me with the Gap between that.