Joshua Hilliard I am not a fan of QRPs (sdiras or solo401ks) because you are always paying fees and restricted when you can actually live off the money.

I would be looking more for MHP's that are already established with potential room for development in adding spaces...all of the big REITS are doing that a lot more frequently to keep pushing potential for growth and addition of spaces.  

So I guess my "moral of the story" is that you really have to factor in the area, if appreciation is reasonable to plan for, what the next decade looks like, the potential for more frequent tenant churn with a quad than a duplex, etc. 

Here in the Midwest, white woodwork is pretty traditional; I also am a fan because it's easy to touch up high-traffic spots between tenants. 

While it's an option, I'm not a fan of using HELOCs from a personal home to pay for down payments on rentals.

I have become a big fan of pedestal sinks in bathrooms.

I have been reading books as frequently as I can to get a foundation of how this whole real estate thing works, and am starting to feel confident enough to begin contacting agents and property managers sometime soon.

Where once you turned a certain age you entered the carousel where you were cut to shreds by a fan.

Obviously, FHA is an option, but because it includes PMI for the life of the loan we are not a fan of that option at all, as for conventional loans those are definitely more attractive.

None of this is hard and fast, and the requirements change frequently.