If they do more damage you simply add it to the bill.

On the other hand, waiting until after the tenant leaves allows for a smoother rehab process and reduces vacancy risk, but it may impact the immediate refinance value and timeline.

CAP Rates can be a beautiful thing, they allow an investor to get a quick comparison of properties without digging too deep into the deal.When using CAP rates on MHPs I want to give a few warnings because there are additional variables to consider.

@Jordan Naeem,Nathan and Jay make solid points above... is there potential for you to invest $50k and take a 10% equity position while reserving the additional $50k for another deal of your own or another partnership?

Participation in actively managing the property, in addition to other factors, changes whether or not losses from a rental (losses that may include bonus depreciation) can be used to offset non-passive income (W-2, 1099, etc). ...

Additionally, I am looking to learn more about LLCs and weighing pros/cons. 

Has any one had any success helping a seller get tax lien relief in the past or negotiated with the city to get the amount of tax liens on a property reduced?

That'll mean some reasonable additional costs when it comes to set up and maintenance but it's generally the most economical way to own if you buy multiple properties.If that's something you want to explore one day, I have replied to hundreds of posts in the forum regarding purchasing and investing in Mexico.

househacking is equivalent to reducing substantial expense, and it's also the easiest.Flip would be heavy money maker if done correctly.The other one are just typical double CD rate investment LOL, 70k brings you nothing lol

Make sure they list you as a lender on their homeowners insurance policy, and not as an additional insured.