The mortgage payment is $1,000 on each house, so you earn $500 per house or $2,000 monthly.

Yes, I have answers to all questions.MH is freestanding (not attached to land, so not real estate).  

As I embark on this journey, I’m eager to learn more about the local market, connect with fellow investors, and engage with the vibrant community that makes this city so special.

The jurisdiction of its a safety hazard or blight my require it to be demolished and you do not want to start getting fined for it, so that is something I would consider.

Use this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below FCheers from Fort Worth, TX

So far with the properties that have looked promising we have utilized the calculated NOI / Cap rate to determine the value and every one we have done has come up way lower than the asking price and in one instance came up less that what the current owner paid for the place initially.

So I'm going to be on top of the rehab.

If you are doing single family rentals, I would suggest 30-50% of the acquisition price so you have enough for down payment, closing and some reserves. 

All three of these markets are great, so you can't go wrong investing in any of them.

I worked late hours getting projects completed so I never installed cameras.