Second only to fixed costs of operation which disproportionately impact the lower cost properties often leased to subsidized tenants (also rarely represented correctly on spreadsheets pre-purchase).

@Mike ReynoldsSeller financing is allowable for Solo 401k purchases.

Purchase price: $450,000 We bought this park for $450k.

Purchase price: $350,000 Cash invested: $10,000 House hacking my first home by converting the master bed into an independent studio that we rent on Airbnb What made you interested in investing in this type of deal?

Of course, it always depends on what your purchase price is and Dayton does have cheap homes! 

Sandra For transparency purposes, I believe you meant to say that you purchased a turnkey property from Memphis Investment Properties, not Memphis Invest. 

The only additional thing that needs to happen is make sure appraiser makes note of why the value increase in as is vs previous purchase price.

Using quality yet affordable materials can transform a space without excessive costs.I could remember working on a property an investor purchased.

@Wade Wisner -  Most of the notes that we purchase we keep in our portfolio and borrow against them with private capital.

I saw how that proposal is basically her giving me a 0% loan, but at the same time I believe that structure will avoid her taking a large loss (approximately 30k if she accepts a 300k offer).I do not know why she doesnt get a PM, I only share the facts of when she purchased it, the purchase price, and the reasoning she shared with my realtor as to why she is selling after such a short time period.