In my area there will have to be septic tanks and special water/well systems due to high volumes of MH.

I can tell the BP community experience/discussions are extremely valuable (from what I see), and I am hoping there is a local (past/present) reader who can provide specific intel to this market (Upstate South Carolina) particularly concerning advice on deal searching, hints/tips, strategic think tank views either in reply, or in private message.Thank you all for taking the time to read my Harry Potter novel of a post.  

But by this time, the condo market had tanked compared to SFH, so the numbers on them were much better.

And as Steve says, keep your money to yourself for the time being - it's like blood in the water.. the sharks will find you!

FHA then cashout refi years later, use cash to move up, used VA loan, 401k loan at market high point, just sayin' don't take out a 401k loan when it's NAV has tanked, and used other savings.

Youd be better off with a HML than this family of loan sharks you come from. 10% per month?

This is more challenging with residential properties (1-4 units) and small multi-units (5-10) as the owners of such properties frequently do not operate them as a business and have less than stellar record keeping.Once your have your Net Operating Income (NOI), deducting your debt service and capital reserves (monies set aside for future capital expenditures: i.e. new roof, windows, hot water tank, etc) leaves you with your cash-flow before taxes (CFBT).As part of your education, you can take real life properties being offered for sale and conduct the paper exercise of anaylising their performance. 

Any underground storage tanks on the property?

Just heard some horrors from a friend who's building a custom home:contractor incorrectly sized his elevator shaft - now its impossible to put in an elevator.elevator 'pit' is full of water - no sump drain set upcracked septic tank installed with quick-fix patching to serious cracks.plus the builder was drawing from the construction loan(not sure of my terminology here) - faster than in the contract for his general contractor fees- plus 'early' for materials before they were procured.dumbwaiter shaft incorrectly sized.House is 75%+ there?

Looks like its tanking in the final hour.Down 713