It was meant to be a flip project but the investment was more than expected.

I am a BDM/Director of Ops in Property Management.

I don't have the option for house hacking, but I do have some friends who are willing to invest money in some projects with me.

Some of those variables are the size of the park, number of vacant spaces, the number and type of park amenities, the age of the park, underground infrastructure age and condition, park location, size of the market, city water or well, city sewer or septic, other utility sources and whether or not they are direct billed, deferred maintenance, cost of management, and more.

That law is usually for managing properties that aren't yours.

Look forward to many more projects with them.

@Amber WelschWe financed a project where the borrower retrofitted a property with two very large (8,000 square feet each) houses in a exurban area into luxury room rental, each with a large bedroom and attached private living room.

They put the money down and you do the work (finding the deal, overseeing rehab, maybe management) and split the equity.

Hi - I use Renters Warehouse to manage one of my single family homes in MN.

Same can be said for using a property manager vs yourself or using a realtor or not.