I am super attracted to the idea because I love to fix and flip, and the emount of money to get started is so much less. 

Here's some real examples (with changed names / locations of the posters) to illustrate my point:"Oh, I lived there 10 years ago" - Fred in Topeka;   yup, irrelevant to the current real estate market."

The relationship between a broker and real estate investors is built on trust, transparency, and a mutual understanding of goals, which ultimately leads to successful transactions and long-term partnerships.Firstly, a competent private money broker begins by understanding the unique needs and objectives of the real estate investor.

In this case the current financials on the property aren't great(rents well below market value and the owners family living in several of the suites) so the lenders will likely not provide the funding based on poor NOI.  

Quote from @Matthew Drouin: @Alexander Zeisberg do title companies handle the transfer of title of MH in your state? 

Luckily great tenants who caused zero issues and barely needed to sweep & mop the place before sale.  

Of course he was a liar, and we could have walked, but for *maybe* a grand worth of old appliances? 

Quote from @Yemisi Dinkins: As a property owner, I would never sign a Master Lease because I would give up control of the property so someone else could profit from it.

Get out of your comfort zone.

And then have equity to make a second purchase - but this time without the constraints of the 1031 timelines.