This could impact the 5 year picture simply from a timing perspective (it could land on the lull) but beyond that data says that people typically buy about the same number of homes per capita no mater what the interest rates.

Thank you to @Chris Mason and @Cha Yang - I'm meeting with an Estate attorney next week with my parents to figure out the impact to the estate and then will go from there.Thanks again!

Which means a yes is more likely to stay a yes.Something else which impacts the rate and terms you get: For a hard money lender, newbie investors are much much riskier than experienced investors.

I would caution on the issue of a useless flood insurance requirement that you shouldn't assume just because you can't see a body of water that you are not in a flood zone or it will never flood.

We are looking for 20% reduction in heating costs this winter and no air conditioners hanging from windows next summer.Once we quantify the impact on this unit, we will move to install ductless splits in the remaining units.

A few more acquisitions and its going to get pretty tempting....disclaimer: I know every bodies situation is way different(ex. spouse income, health insurance, etc.., but looking for some common themes)

There's an open mind with honorable intentions that should make a real positive impact.

I will look at comparable rentals in area, but I am mainly interested in knowing if there are any DIY options that look nice, are NOT battery powered, and will have minimal impact on the unit's appearance.Thanks!

Not paying another company's overhead or profit, which would significantly impact labor to materials ratio.

I do not count the mobile home as any value, just land value with impact paid.