If I can come up with capital to build I will but utilities pad and driveway all I could afford at most and that’s stretching it is a manufactured home.

Typically people looking to rent a property are not going to buy a property from what I found so the first option probably is not the best.

The issue is, based on her credit report and other known info, I added all the expenses: (car payment $722, debt obligation/month $1900, rent, renters insurance, utilities, estimated grocery, living necessities, her total **essential** expenses would be at least $800 greater than her net income. 

These loans typically have competitive interest rates and terms, similar to a HELOC.

Typical deal is to buy a property for $2-3 million, put $1-2 million into it, all in for $3-5 million, stabilized asset is worth $13-17 million.

With that we can eliminate our utility costs which increases our bottom line and adds value to the building.

My theory is that 2 bedroom units are too much for an individual or a couple, while being too small for most families. 3 bedroom homes should perform well in most markets as they appeal to the typical American family size. 

This means that tenants are going to be faced with changes that they are typically not happy with.

There are several different options whether it be passively investing utilizing some of the larger companies who do all the work for you or more active investment that will make your money go a little farther if you are comfortable doing more work.

Tell me how many inspections are required for a typical bathroom reno......I'm not giving you a hard time, just asking the hard questions.