Having two open loans for the property is not ideal as that's double closing costs but maybe that is a fairly normal strategy?

These are double wide homes that would be attached to the permanent foundation (on owned land, not in a park) and that the investor would look to sell right away to people that would occupy the homes as their primary residence. 

The median home price has more than doubled in that timeframe, but Milwaukee is a fairly linear market, so the neighborhoods have mostly remained the same, but median home price is a dynamic indicator and will always stay current, so you can benchmark neighborhoods against the median for the metro area.Note: in the MF space investors refer to a star rating system. 1 star to 5 stars.

As an investor if you have a full-time maintenance person you could double them as an inspector for when you buy properties, that's what I do.

Hi Charles,I've been investing in Tampa for 20 years, and to be honest, I’ve stayed away from mobile homes for the obvious reasons—like depreciation and lot rent—but if you decide to go that route, make sure to aim for at least double-wide units for better financing options.

Option 2, sell it at a loss, relieve yourself from the headache and learn from the experience.I would not recommend doubling down and make foundation repair and split the property into 1 units.  

Your fee to your CPA will be double as well as your on-going maintenance to keep those LLC’s in compliance.With the simplistic process of having one LLC for operations and one Series LLC for asset holding; you will save yourself a ton of time, money, and headache which would occur if you move forward with juggling 4 LLC’s – yuck!

Insurance renewals have been almost doubling for us.

Hey Muhammad, I'm going to be voting for Detroit every time here.You have low entry price points, a city that's undergoing major revitalization, positive cash flow, strong appreciation, and population growth for the first time in nearly 70 years.Detroit prices have doubled in the last five years and the momentum is just getting started in my opinion.I invest there and help others do the same.

Suburban markets outside of NYC like Long Island and Westchester continue to see price growth and high demand.That said, NYC's median sale price is about double the national average so speaking with a lender is recommended at this early stage.