As far as the market is concern its ok right now....the one thing for sure is we have alot of rich kids coming to UF and obviously their parents usually buy them places for next 4-5 years.

I doubt you are concerned about this as all flipping implies short term tax rates.John Corey

I know other investors who are less concerned than you are about there being equity presently.

I was just reading your post concerning the stolen a/c units in St.

If you can buy low and sell higher to another investor I would not be too concerned about what the market is doing.

Check the state regulations concerning HOAs.I know that in one state where I purchased a new condo there is a law (about 5 years old now) that requires there to be a reserve fund set up and the costs of all items to be estimated over their effective life.

I wanted to help the poster realize that the seller may not only be concerned with " only money".Death, job loss and being without a roof are also concerns.

Other incentives, unique marketing or promos are all factors.If the investor is not that motivated then they are less likely to be concerned about getting their price in the new term.

I'm thinking I would like to start out maybe with mobile homes and moving up from there.

THIS IS ONLY A PARTIAL LIST.On these thousands of properties, they must concern themselves with occupant issues, safety and hazard issues, legal and title issues, property preservation issues, expense management, documentation and company/lender auditors, investor oversight, potential insurance claims, PMI or M/I claims, government oversight, Fair Housing issues, ooh and Profit/Loss (Values).