Sometimes you need a few slums to keep everyone in balance. 

With proper research, you get to know why properties outside that middling category might fall over or under the 50% Rule.Yes, I know, that's why you're here.

Before accepting a tenant you should screen them properly such as verifying employment, credit, clean background.

The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.I hope this basic guide helps.

If he is not licenced/insured, friend or not, you do not hire him.Precedents dictate proper professional management of your business.

Then when I buy the MHP for 155K, bank the balance in the LLC bank account and use the balance over 2years to improve the MHP.

I have all the proper paperwork and disclosures from another investor friend who's done a dozen subject-to's.

Gaston county has the highest taxes in the state, even more than Mecklenburg (Charlotte proper) and some of the worst schools, and inefficient government.

He warns that land trusts can "cloud title" if not handled properly.

This is from the Freddie Mac small balance loan program (loans from $1m to $6m, not so small to me!).