A new doublewide with base features and a little smaller (if you are a dealer or find a good dealer willing to cut in with you) could be about $30-$35K cost. 3.

An eviction is planned for next week due to non-payment and an assortment of run-ins with the police.Not sure what the cost will be to get the place cleaned up and back on the market (doors broken in, glass in the oven door shattered, possible drug use), but I do hope to try again and learn from the lessons of this first experience.

You may be able to partner with them.You can find investors in the courthouse records, look through the records and you'll see names of buyers and sellers, they will be dealers in the business.

:Just be careful of dealer status with your flipping scenario.What exactly does that mean?

Of course, some people get unlucky, like the poster a while back who was living in her car because her crazy drug dealing tenant in the other half of her duplex scared her out of her house.

To have a marketable note any open market buyers, dealers and brokers, will want to know that note was properly originated.

I would do property flips in a company (LLC or S-Corp) to avoid being tagged as a real estate dealer.

Don't end up as a donkey dealer and being an ***, do it right!

However, she is slightly mentally challenged (probably drug related from her past) and I'm fairly sure she isn't going to move.

You don't know if they are alive or dead, have mental capacity or not, incarcerated, drug/alcohol problems or severe mental and emotional problems.