A soft spot is just a piece of the subfloor that has rotted over time for any number of reasons, including appliance leaks, window or roof leaks, or faulty plumbing.Ensure that you get a good look underneath the mobile home itself.

Don't know the whole picture, but if you have good credit, you should be way below both points and rate. 

We recently purchased a 6 unit complex that was full and had "good paying tenants."  

I want long-term investments not necessarily immediate cash flow and I want to start now.

Good to see fellow Phoenicians in here.

I figure, if you invest where the jobs are it will be a good place to start looking for a multi-unit property.

You’d need to file the Articles of Organization with the Colorado Secretary of State (the cost is around $50), get an EIN from the IRS (which is free and can be done online), and possibly draft an operating agreement, which isn’t required in Colorado but is still a good idea.

I earned good money as a server and simply used it to go on my next adventure and that was all I really needed.

If they're looking for $10,000 seed money and you have $10,000,000 sitting around - plus the due diligence checks out (legitimate opportunity) - that's relatively low risk for a good upshot.If they're looking for $50,000 seed money and you have $75,000 liquid, absolutely not.Personal financial position, coupled with due diligence, are important.

Have you thought about how long-term rental loans can help you achieve consistent cash flow and build wealth over time?