Personal preference and all that, yadda, yadda, yadda.

*** I put Erick's name in the subject hoping he will chime in too since this is his niche *** Sorry Erick I misspelled your name in the subject line, I can't edit it for some reason.

One of the biggest keys to doing Lonnie deals is to make sure that you are working in parks / manufactured home communities (I prefer to call them) that are dealer friendly.

You would normally have to deal with taxes and insurance on your own, which I prefer.

The stock market is too efficient.I prefer to spend more time on less efficient markets like RE where my extra knowledge and research will likely allow me to earn above average returns.

Actually, I prefer to do it that way.

In a tax deferred plan, you are correct, they will get their eventually and most likley down the raod, taxes could be 75% by then in order to pay off the trillions they are tossing around now.I actually prefer the ROTH option as the best means for tax free growth and tax free withdrawls.

I have the cash funds for a down payment and for the repairs but I would prefer to not use my money on the repairs considering I will be carrying the place for a few months while I fix it.

John is correct, if they accept $10, then you just cut them a check and proceed accordingly.Now I come from the school of putting down a large chunk for earnest money to show that I am serious and not playing games.There are enough contingencies that can be written to protect your money, and if I want the deal, I want the deal.I know many people will disagree with me on this, but that is just my personal preference.

I actually prefer to find the local Wholesalers, find out what they have available, get a non-exclusive option on their best deal and then market that to my buyers list.