You can then add uhaul and mandatory renters insurance, for next to NO out of pocket cost, to increase the value of facility by probably $1 million on an average sized facility.MHPs are great assets, but the industry has its issues, financing is always a PITA.More and more park owned homes, which makes them horizontal apartments that do not increase in value as much when you have to do major unit repairs and upgrades. owning the dirt and renting the pads not homes is IDEAL, but seems less and less how the assets are.. once you dig into that industry, it starts to have more discussions on how to get 21st century programs to get mobiles to fill your park.MHP's returns are better than apartments for sure, but there are just more hoops and challenges for those, and thus that's why returns are higher. the demand will NEVER be satisfied for affordable rentals, EVER.The way society is set-up with zoning and local government approvals, with not allowing "cheaper" or "smaller" units in their neighborhood, as to introduce "undesirables" into their city and thus decrease the property values.. its never going to change.That's also why we are looking heavily and purchased B & C apartments, its the ONLY cheap housing left, and the demand is INCREDIBLE and guess what will happen if we have a soft recession...

This is the wording of the most recent deed:FOR VALUE RECEIVED, Secretary of Housing nad Urban Development ("HUD"), having an address of 451 7th street s.w Washington, D.C 20436, hereby assings, and transfers to wilmington savings fund society, FSB, d/b/a Christiana Trust, not in its individual capacity but solely in its capacity as Owner Trusee of MATAWIN VENTURES TRUST SERIRES 2016-2 c/o Kondaur Capital Corporation whose address is 333 south anita dr, orange, CA 92868, all its right, title and interest in and to that certain Deed of Trust executed by (original owners name), to Mortgage Electronic Registration Systems, INC.as nominee for Taylor, Bean and Whitaker Mortgage Corp. 

I used to find customer service better at Lowes too, but in my experience (and for our area stores), this has clearly shifted back in favor of HD over the past 5 years or so.  

Hello, my husband and I are fairly novice investors who are working towards being more professionally involved. We have one investment property that we got into as a primary residence and then turned into a rental lat...

If the total price you plan on is $300K go back and read @David Faulkners post.Populations and desirability do shift from time to time.

One of the mental shifts has been investing in "down markets".  

Investors and the wholesaler serve society by cleaning up these places and turning a profit while doing so.

BP is an incredibly helpful sounding board for such things.I'm not attempting a paradigm-shifting idea.

We operate between Murfreesboro TN and Knoxville TN. at the moment most of my business consist of offices, but I'd like to shift and focus on "turning properties" cleaning/carpet cleaning/painting/junk removal/ handyman services.

So I've shifted my focus to just trying to seek out and analyze as many potential deals as possible, in addition to still saving up as much money as I can.