You may increase your knowledge of various techniques, markets, funding choices, and best practices by using resources like as books, podcasts, online forums, and instructional platforms.

I found a great deal on an older but very well maintained manufactured home in the a very nice area of san Fernando valley. 

Providing clear instructions and specifications helps prevent misunderstandings and ensures that everyone is on the same page.

4th lowest property taxes, no state income tax, landlord friendly, close to Utah, tech and manufacturing job growth.

Pretty much everything is negotiable in real estate.Loan Origination is how much the lender is going to make on the file (if direct lenders: this is typically a junk fee; if brokers: this is your loan officers compensation).Points: this is the cost for the rate itself (if direct lenders: this can be negotiated, as they manufacture the rate sheet with profit baked in; if brokers: the rate is the rate, you are getting bottom of the barrel pricing).Credit report/appraisal: these are the actual costs -- no money can be made.

I document with pictures, give the tenant instructions on how to pay me, and hold the property for XX days (check state law).

THOW-MH are legally mobile homes a.k.a. manufactured homes, like PM the wheels are usually removed.

U do have to have mutual signed instructions to get your earnest money back..

A friend of mine with excellent credit just purchased a new construction manufactured home and it was placed on rented land.

You've given them the instructions.