Looking forward to staying in touch! 

(A 3 family would be 4 units counting the exterior, so use $24,000 as a base number to negotiate with.)There;s also a database online you can check to see if the unit has ever been inspected.Good Luck!

It turns out I don’t plan to ever touch the money, I should have invested it in more real estate, but I was a young and dumb sheep. 

I am basing my calculations on the lower number to be conservative.

Your agreements with contractor should be based on a schedule of values and when work is completed they get paid.

This strategy, however, should soften the blow, allowing your move to be a smart financial step and add a personal touch to your investment journey.

@Mark Walker - There are no conventional "dscr" loans for SS and MHP; however, the actual metric still applies when evaluating the physical ratio performance of the asset classes.Private banks are really the way to go here and leverage is determined based on POH vs.

Based on what you're telling us, you may be good to go with qualifying for an FHA loan.

Just wanted some insight based on above discussion.

Based on what you described you will be incurring significant expenses renovating the building.