So you are gonna sue and spend thousands to collect maybe a few hundred in penalties?

The plan here is to have a local (RV Certified) tiny home builder do the marketing to attract buyers that want to buy their tiny homes (cash or 25 year financing) and live in this park, until there are 44 pads occupied by tenant-owned tiny homes, paying $750/mo lot rent, on 1 year leases.

In 3-4 years, you will not have a lot of equity in the home, so I'm not sure you'd want to refinance (if you plan on trying that, talk the bank because ending your mortgage before the term is up (ie 1 yr, 2 yr) comes with a heavy interest penalty (basically you have to pay out all of the interest remaining for the rest of that term).As for renting vs investing elsewhere-run the numbers as to what your payments would be if you bought a house including insurance and property taxes and repairs vs renting. 

My fiance and I are planning our post-wedding strategy and REI investing is a core part of our strategy.

Also the plan is to use retirement funds from my 401K even after which, I should have enough left for retirement.

If we were seeking a more standard client, we would not plan to paint.

For example, we can do as low as 15% down on multifamily bridge loans.If you plan to refinance you will likely need to keep at least 20% equity in the property if not more, though if you're creating value through a rehab, you may be able to pull out all of your initial down payment and more.

My initial plan is to flip houses in Northern Virginia.

So I recently did a BRRRR and am currently renting the home as an STR. I made the decision to turn the unattached garage into an ADU making the deal very very good once done. I have already ran all utilities from my o...

@Theresa HarrisMy long distance girlfriend lives in LA and I plan on marrying that woman.