Younger Chinese that have been born here tend to follow less of the first generations beliefs.

Others pass the MH on to kids and they continue living in the MHP they were born into.

Most of the wannabe investors and those with a few years, like Bryan, were in grade school or diapers (maybe hadn't been born yet) when sub-2, seller financing, contract for deeds and lease-options were popular.

Bravo, Jon.For someone new to the game it can be easy to fall into this trap because the vast majority of MLS listings that contain "actual" expense data are drastically understating true costs (for obvious reasons.)

Where as to us slumlord is an A%$ who profits off of the poor trapping them in poor housing. 

Poor returns are the worst reason to cash out and pay a penalty, as you are falling into the classic "sell low" trap.

I do not own anything in Myrtle Beach, but i am born and raised in Mrytle Beach.  

No one person was born with all the knowledge they acquired, we are all learning and had to start at the beginning.

I live in LA but I was born and raised, left in 2010 after finishing college at Fresno state.

Ned, I have been using land trusts in my real estate business since before you were born.