About both properties: Both in close proximity to a downtown, both close to two major universities and supermarkets.About the first property: $159,000 asking (came down from $174,000) back on market, 109 days on zillow1,174 sqft 19453 rooms 2 full bathrooms Electricity read, washer and dryer readyOffer we would like to give considering all the repairs: $142,000 (Zestimate is $157K)Rent estimate: $1,389 monthly after $15,000 investmentNeeds new floors, the entrance needs to be torn down, needs paint, has some water issues in the addition in the back room, definitely has foundation issues.

.;-)You physically don't have room to make this space function. 

I give every single way I can think of to contact me, including a phone number that I answer every time it rings, email and physical address. 

You seem to be glossing over the physical toll many trade jobs can take on the body.  

I estimated the expenses at 12% more than the yearly expenses on my other existing property (which is 9 years old, also 3 units, same # of BRs, overall same physical condition, same neighborhood).

Or I will design and build a hybrid, part Manufactured and part site built, depending on the size of the lot, set backs, local building jurisdictions, etc.If I can work with the MHC owner/managers I will then rent/lease them out or sell them for 195-500+-k depending on the park, site or proximity to the coast or other attractive amenities. 

Waterloo would have to become the size of Tremont for that building to gain a benefit from proximity.

While working the first day on my first job I realized that I was destined to become an entrepreneur I just did not know how to start without any money and my own social anxiety.Now seven years later, I joined BiggerPockets for real estate investments I am willing to trade physical labor if I have to just for knowledge and friends in the real estate business. 

Search by physical address or parcel number.  

Finally, I put a physical FOR RENT sign in the yard, often a month or so before I know the house will be vacant.