Another thing, I eventually want to purchase a single family home for me, my wife, and 6 children.

I could buy 2 of these and still have money left for a single family home that only needs 20k down.

My current idea is to acquire a mobile home lot in Arizona (not in a park, just a single residential lot near many other privately owned lots for MH's), seller finance the MH if possible, and rent the lot.. kind of like a single-pad MHP. 

It doesn't seem like it makes sense, but I just want to to make sure I'm not missing anything here.

Call the guy up and make a conscious choice not to use an acronym when you talk to him and make him explain every single last acronym he tosses at you.

I'm asking anybody with experience in new construction what a ball park price for a single story 3 bedroom 2 bath home would be?

Two years ago I quit my Job in which I worked for 11 years, I invested most of my savings in Single Family Houses, buy, fix and rent and so far is going good.

i want to end up in multi family homes in the long run, but i have no money down, no money for vacancy,repairs,rehab, etc.. my idea was to start with a single family home(easier) with good equity, live in it. but fix it up a little & house hack to pay my mortgage. then a year or two down the road pull out the equity or even sell and purchase a multi family home that way ill have more money to back me up. how does that sound as a first investment? 

The preliminary information I have about the potential seller is that they're seeking to reinvest in a different locale, so looking to dump all properties in location A to reinvest in location B.Some questions I have:Big bank vs small[er] bank vs private lender - who, if any, would be most inclined to view this as a basket for a single mortgage?

I also used a HELOC to buy my first single family several years ago.