To be clear my goal isn't to have a bunch of cash flow Y1 but just looking to break even.2) How could I go about finding markets where MHP are more beginning investor friendly?

Return:Finishing the basement and adding bedrooms can add significant value, especially if your local market places a premium on additional living space.

More control of the active income of our business due to long term rental market changes that are being effected by the rates as well as growing deal prices.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

It’s important to ensure you’re comfortable with these risks and consult a financial advisor.If you choose to use a HELOC, consider traditional financing or private loans as alternatives if you prefer not to risk your home.As for your first rental, markets in the Midwest and Southeast offer great opportunities with turnkey properties that are tenant-ready and appreciating.

In general, Cleveland is an excellent market to purchase rentals. 

How true is this, and how could that affect my real estate strategy if I were to enter the Texas market as a Washington State resident?

Hi,We recently (Aug 2024) bought commercial land of around 2 acres. this was part of bigger commercial lot (around 25 acres) which had AG exemption and so the taxes that they paid was around $20 each year. we received a 'AG ROLLBACK' letter from the appraisal district that starting 2025 tax year, we will be taxed at it market value resulting in additional taxes, interest and possible penalities for 3 prior years.

I will research my market to find out what's required for my state.

This is a good opportunity in a strong market, and with your excellent credit and HELOC funds, you’re in a great position to make this project happen.