I want to verify it would be profitable before we look into doing it.Thank you in advance for your advice.

The mobile home niche is fun and can be quite profitable.

Say your show $10k of RE losses in 2017 and then $15k of RE profits in 2018.

What Market Are You In : DallasHow Long Have You been Sending Mail : About 1 yrHow Many Pieces per Month: 2,000Yellow Letter/Postcard/Other: Similar to a letterList Criteria: Driving for Dollars List / Absentee over 40 w/50% equityList Source: List SourceDeals per Month from DM: .33Average Gross Profit per Deal : $12,500Thanks Everyone!!!

These coworkers prefer the non-urban feel of the area, larger property lots, less dense etc.  

Now after the seasoning period of 6 months to a year I plan to refinance and cash out to repay my parents and hopefully make a profit assuming the appraisal value is higher than my purchase price of the property. 

If you owned the house for 2 out of the last 5 years and lived in it in 2 of the last 5 years, and your profit did not exceed 250K (if single) or 500K (if married filing jointly), you will not pay capital gain tax.  

I will try to use this as leverage with the seller as well to get a larger discount.

If you are looking at larger multi-family, that 15-25% down becomes less negotiable but from what I hear there are creative ways to come up with that money.

Of the 11 properties we have 7 that are lease optioned, another which we are signing on Monday, and the other 3 just came up on the market within the last month or so.If all goes to plan and they all exercise their option in 5 years, my partner and I stand to make 282,522.77 each on these properties over the next five years (this includes the profit when we sell the properties and the monthly cash flow).