Do you mind being leveraged and using debt?

You must separate out the value of the homes from the value of the park.Also keep in mind expenses on a small park will be the same as on a larger park so you will likely be looking at 50% expences.

Mind sharing your approach/ questions?  

Hello,Looking for Like-Minded Individuals/Investors located in Saint Lucie County, Florida who may be interested in meeting, discussing, joining forces, or any other form of networking.

I guess the question is what are the reserve requirements.. and keep in mind they are for your own good.lack of reserves was one of the main reasons investors in the landlording business fail.

It must have something to do with the fact the life changing experience switches your mind faster than any other process.

Hi @Dana Black,It sounds like you've already made up your mind that you want your second deal however having a hard time trying to figure out which move to make. 

Get this person out of your way, fix the problem with the unit and get it back to income and peace of mind. 

I know your in a different state but is there anyway you can mentor me if you don’t mind

Keep in mind that rentals also bring tax avoidance strategies while flipping a house can mean taxing that as income.