They had exhibited the desire to pay down debt and had cashed out the parks before us that had agreed to owner finance.

Popular markets often include beach towns, mountain retreats, and areas with strong tourism.It’s also important to research local regulations, occupancy rates, and management costs to make sure the numbers work.

If your debt to income ratio is good, you can control a $700-800k asset with $50k.

Many of the investors I know have dialed back on their private equity investment or have changed to doing debt instead of equity so it was not prime time.

Although things will change this year, between HELOCs, 1031 Exchanges, and a Business Partnership, I'm up to 15 doors (including my personal residence) and I haven't done a down payment since 2015.

I own several in Alabama, including one in Bham.

K1s show your share of income or losses from the partnership, and you include it on your respective personal tax returns.Now, to your partners.

@Quan Pham have you investigated at all the potential increases in property taxes and home insurance (need to have landlord policy) and included them in your cashflow calcluations?

I sank every dollar my rentals provided back in to paying off debt and acquiring more properties.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.