Due to rates and overall market conditions, it isn't easy to source a deal that cash flows unless you implement a creative strategy or put more than 20% down.

Not sure what the % are, but I personally know plenty of people who have implemented the plans and worked them and so far been what I would consider successful.One thing I think you also have to consider is what resources and time you have to invest. 

House hacking will be a risk-averse investment strategy compared to implementing the BRRRR method.

If you can see light, chances are that you will have to replace the seals.Some mobile homes tend to have only single-pane windows, so be sure that the functionality of the windows checks out and that everything can close and lock properly.Make sure the doors and windows close properly, too, during your mobile home inspection.

I love the way this came back full circle after 4 years even though it wasn't you Matthew, Desiny is shining a new light on the possibility of doing things. 

Make sure up date light outlets and switches as well as door hinges and handles.

So, ensure you have super powerful incentives from an REI-savvy attorney and an REI-savvy tax advisor prior to making this move.Some of our Clients have implemented this in the past (prior to working with us) and their businesses weren't large enough to justify the complications that come with this type of structure.Hope that help!

After 3-5 years on average you have to expect a few things to do and we also take the opportunity to do some upgrades.The range is wide: we just had a tenant move out after 10 years and they left the home in great condition, but had to replace 2 vinyl windows that had broken thermo seals, replace the kitchen vinly floor with LVP and upgrade some of the light fixtures.

I have a tenant that wants to remove a light fixture and install a ceiling fan.we told them upon move out as long as everything would be the same as move in.So they remove the large light fixture and installed a ceiling fan.

Seller seems to think the vacant pads are worth very little, and of the 1.2M paid, most of that goes towards the income producing pads (with homes on them)...because the "CAP rate could not apply to vacant lots".Does anyone with appraisal experience can shed some light on this?