The firm has had MHC as its top performing property type for the last year and a half and a November 2018 report described MHC as “one of the most attractive property types in both the public and private markets due to 1) a best-in-class cap-ex profile; 2) structural barriers to new supply; and 3) still-too-high nominal cap rates.”I hope this helps those considering investing in MHCs - happy to discuss further.

Individual bank accounts nicknamed on each property to keep things consistent with bookkeeping.

When you have sub $1000 per a month units the cap/ex gets way higher percent then $1500+ unit class A/B areas that are more expensive but actually perform in real life. 

If you are in no rush at all, then get a job, build your credit, pay your taxes, get the correct visa and work for about 2 years consistently, 3 years if you want to be safe. 

Your current manager has processes that suck and adding changes to the lease likely won't make them perform any better.

I would say that someone who is going to lend you 10s-100s of thousands of dollars can really make up their own rules as long as they are consistent and non discriminatory.

It feels so good to get owner statements that are consistently rent collected minus PM fee without any other expenses.She does not have that clause in her contract.

The act of making a counter offer in writing, by law, voids their original offer and they are absolutely no longer obligated to it.Even if you hadn’t voided their original offer with your counter, there is no ability to “sue them to force performance”.  

The Fair Housing Act applies to all ground floor dwelling units in non-elevator buildings consisting of four or more dwelling units.

But I like the consistency of the LTR cash flow.