I would be weary to fill any vacant lots with new trailers from the Century 21 cash program as at that lot rent rate it will take forever to pay off those floored units and the interest and curtailments will eat you alive.

I think a large factor has to do with the age and condition of homes.

What you should do is based on several factors and is not "cut and dry" or "one size fits all."

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.Any lawsuits would be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced).

Hey Ronnie,Take a look at it from this angle: one of the factors that will help push your rent in the higher range is the condition and layout of the unit.

@John Pandolfo I'd say the decision depends on several factors.

Community College), and many other factors.

There are some factors consider when dealing with husband and wife LLCs.

Best of luck.PS...also make sure that you won't leave yourself too house-poor on your primary home with the HELOC and you factor in the payment cost on that money as well.

I don't want to buy a bad deal, but I also don't want to pass up decent deals waiting forever for the "perfect" one to come along.