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.

In my experience 2 things work well: 1) Verified recommendations through long term or trusted contacts.

Certainly replacing a furnace and/or a water heater would require a permit as well as running a new or replacing a duct run.

Well said, thank you for your experience Mae!

You will be able to meet and build relationships with experts in your particular market(s) as well as learn more about how to get started in general.

Take this 💥just-closed renovated property for example💥:With my query of "22757 Charlemont Pl, Woodland Hills, CA 91364 5/4/2400-3050,0.6,300" we get an ARV Estimate that is ~4% off, and I picked this at random just scrolling through recently closed in my areaAnd the Market Stats $/sf of renovated property in that Zip Code matches up pretty well, so I know the ARV estimate is realistic:You can also run Agent Stats to find/get in touch with the real top-agents in that area so you can triple-verify everything and/or list it with them when you are done.With the above, I am able to quickly vet every new deal that comes my way and spend more time on the good ones.

Many of you probably know the „german“ way of doing things...The stereotype would be the punctuality and precision of the people and the public authorities.The reality is the following: a lot of barriers and long approval processes as well as legal restrictions when it comes to owning and handling capital.

The Samsung is well supported in the community, people write 3rd party apps for it and is one of the more popular products.There are others that have more flexibility, but take more work to setup.

I meet the potential tenant at the house this evening - fingers crossed!

If it goes well and you can stomach it, then scale up.