I thought this would be an interesting exercise - if you were starting from scratch and had $200k in cash to apply to real estate investments in New Jersey, what would you do?

Account ClosedYou and you account/advisor need to go through the exercise to project your plan into the future such that you will know whether your journey will see your properties rolled into a corporation in the future and, if so, to ensure you do (or do not) take certain actions now which may incur additional costs or taxation down the road.

Replacing the oversized and bulky furnace and water heater tank with underfloor space heating and a much smaller tankless hot water on demand we've just enhanced the cubic foot space dramatically by as much as 60 to 70 cubic feet.There's a lot more to this story but I hope it gives you a little insight into some of the challenges and perplexities that exist with old and even new MH's be they PRE HUD trailers and/or mobile homes or HUD Manufactured Homes.

But yes...it might trigger the bank to exercise the clause. 

Section 1701j-3(b)(3) says:In the exercise of its option under a due-on-sale clause, a lender is encouraged to permit an assumption of a real property loan at the existing contract rate or at a rate which is at or below the average between the contract and market rates, and nothing in this section shall be interpreted to prohibit any such assumption.That means would you lenders please go easy on the borrowers.

First, the REI has almost ZERO impact on City zoning and is frequently a victim thereof (ie: constrained from enhancing a SFR into a Duplex).That implies that 'added value' will also be limited to enhancements that FIT the current zoning of the property. 

I'd rather loose the vacation home... and be safe in my free and clear primary home. this does not take into account numbers and interest rates etc, just an exercise in the feeling of comfort. 

That work enhanced my skills in working with and understanding people of various backgrounds as well as my skills in negotiating, managing budgets, and managing projects.

Or if you wish to have greater control of it (similarly to a truly self-directed Solo 401k I mentioned above) then you can enhance it to Checkbook IRA. 

I suggest to avoid Craigslist until it begins to use image recognition software to add a degree of automation to enhance its security.4.