There is no limit as to the total (aggregate) number or value of identified like-kind replacement properties permitted under the 95% exception as long as you actually acquire and close on 95% of the value identified. 

We have quickly acquired about 75 units in western MA.  

-Building permit can be acquired for only permit fees, structural engineering, soils testing and surveying fees.

@Kristi Nunes the reason why investors acquire MHP's is for the recession resistant behavior that is created by tenant owned homes. 

Currently can't find my BRRR book and am just too zapped to make sense of what the internet is telling me in regard to Cash-Out Refinance.Long story a little less long, my wife and I are looking ahead to acquiring our second investment property.

Couldn't you add that as well as in person visits to your efforts to acquire properties?

A new LLC will be created for each one or two properties we acquire (depending on the exposure).

Saving you the commission on any deal you acquire yourself. 2.

Our logic there being that we will basically add the PMI to our cashflow, and it lets us apply for another Owner Occ loan if we need that tool to acquire the next one. 

So, it’a a learning process and with the knowledge I acquired from Bigger Pockets and their recommended books I saw the potential in this listing, too bad I wasn’t able to pull the trigger.