It eats into cash flow, we may have difficulty saving for our next down payment,, and I am worried that the large mortgage will affect our debt to income ratio when we apply for a loan for our next property.I am also concerned about paying too much for the property as there are no solid comps in the area. 

I personally tell all my police officers friends to do this because it is an extra way to make money without doing all the work, just need to send the name, phone number, email address and if possible mailing address.

This damage set us back an extra $1,000.

Obtain your first investment property without the costs of an extra sale OR an extra purchase - just repurpose the house you're moving out of!

I'll just catch an extra fish off the back of my boat today, between martinis. 

Nobody wants a POS mobile built in 1951 that needs an extra $5k in capital repairs before you can rent it out, but obviously a 2005 DW that's at least B condition isn't something I would necessarily stray away from.My question is for all the park investors out there: do you prefer a larger number of park-owned homes or tenant-owned homes?

I've heard people say not to go with the big companies for mortgages but with a rate like this and no extra points or fee's, I don't know why I'd go elsewhere.

I’d like the extra income to help us either pay off the property faster or save up for the next house.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

I might have an extra number there for sure.Thank you again for all your help.Jasmine