Hi Reid, I am currently in the mobile home space buying individual units that have to be moved or that can stay in the park.

Hi Julia, Starting out in land flipping can indeed seem daunting, especially when you're facing high costs for educational resources and feeling the pressure to make smart investments without a solid foundation of knowledge.

First thing to understand, St Cloud area has a significant % point of rental units too ownership far above state average, with that knowledge at hand know regulations were far more relaxed for some time, and than a few persons came into the market and took advantage of that freedom and in short created a situation that forced the city into action, it's just that simple.

I would personally stay away from coastal cities with insurance costs and weather risks.

Quote from @Tom Server: i guess my question is , if i have a property manager, what should I keep track of Generally you shouldn't have to keep track of anything other than for your own knowledge of how good your PM is.

So even if you were looking to relocate, you would know where to stay and where to avoid.

And hey, don't forget to keep the lines of communication wide open, staying connected with people.

Read below for my top factors in choosing where to place a medium term rental.Find a location where medium term rental guests need to stay.

The property taxes stay with the property and neither lender would be responsible for them, the new owner would.

More important is the equityMany people will overpay to get a home on seller financing then realize they overpaid and cannot refinance because a lender may want 20% equity which could be a tough hurdle to overcome in the future if prices stay stagnant and you have a balloon in say 5 years.