Are you looking to borrow to buy or rehab the park - or are you looking for consumer lending that tenants can utilize to purchase homes?

I have just started my real estate journey within the last 3 months, and have been consuming as much information as possible to learn about real estate. 

Then assume 20% of the rent value will get consumed by repairs, maintenance and vacancies. 

It is telling a consumer toSpend more and investor that money isn’t doing anything in the bank.

Hi all, New on the forums, but over the past month I've consumed about 100 hours of podcasts and have read a few RE books.

Section 8 discrimination is being banned in more places, so check your target markets to see if you can opt out.Section 8 adds its own set of rules that come with the guaranteed payments. 

@Jason McKee I would recommend finding an advisor though the XYPN or NAPFA find an advisor search.https://www.xyplanningnetwork.com/consumer/find-advisor-new/https://www.napfa.org/find-an-advisor

I hate 30 year mortgages - most consumers focus on the monthly payment exclusively and miss the fact that over the 30 year term you pay as much interest as principal.  

Who's to say the next tenant who resides over the garage will consume less or more than the previous tenant?

@Geoff Kohl I was planning on staining.. so would you opt for untreated boards then?