Since 2020 we've been selling these units to individuals and organizations that may buy from 1 to 5-6 units each, but currently trying to expand our business.Given the interest rates for financing these types of structures and how much landlords are charging (for both short-term and long-term rentals), I found that the net income is way higher than the average mortgage payment, so basically it's free money.I've been thinking it'd be a good idea to partner up with a real estate developer to develop a mobile park.

I started one in Northern NJ on Meetup called REINJ - Real Estate Investors of NJ.

So why would he pay taxes again to use that capital to invest? 

You are looking to create the biggest spread possible so shopping around for the best rate and terms should be a priority.

Chris,For the large multi family investments, I want to see the deal pack first so I can screen for location, project class, projected cash on cash and IRR, and proposed value add method. 

Been a good experience so far but now I’m finding most of their other properties just won’t pencil for me.

maybe some light repairs after the tenant moves in...so your first few years are typically stabilization, and you investing into the property. 

I am won't buy anything this year but rather next year so I am wondering if it makes sense to approach an agent or a lender months in advance, weeks in advance or only when I really already saw something I want to buy.I don't want to waste anybody's time and I am not yet sure what the best course is.

We are considering building 4-5 duplex's on the property over the course of a few years so we can pay them down as we go.

Since you're not working, you may qualify for REPS, but you need to meet the750-hour requirement and materially participate in your properties.The $300k withdrawal will be taxed as ordinary income, so using cost segregation to create depreciation losses could help reduce your taxable income.