If we assume $8k/month in mortgage and maintenance that means $12k/month in burn without a job.

Getting funding on a property that has a stick built house and a mobile home seems almost impossible.

I received December's rent yesterday.I don't know if they will crash and burn before the end of their lease, but they seem to be trying to do the right thing (unless they moved a new roommate in there without my approval--although I haven't seen any new vehicles parked there).

I can see how you can get burned if you don't pad the margins.

That would indicate to me that investing is a low priority since your income level is not very high indicating you should be able to be mobile employment wise.

Here is some more info on each of these products: HOMESTYLE RENOVATION: Product Overview Combines home purchase or refinance (limited cash out) with home improvement financing in one loan with one closingProvides a convenient way for borrowers to make renovations, repairs, or improvements totaling up to 50% of the "as-completed" appraised value of the property with a first mortgage, rather than a second mortgage, HELOC, or other more costly financing method.Funds can be used for repairs or renovations that are permanently affixed and add value to the property.Primary residences as well as second homes and investment properties are eligible.NO MOBILE/MANUFACTURED HOMESRequired LTV's: Primary Homes:-1-4 Units-620 FICO Minimum (660 High Balance)-95% LTV 1 Unit-85% LTV 2 Unit-75% LTV 3-4 Unit- Minimum 680 Credit scoreSecond Homes -1 Unit - 90% LTV -700 FICO Minimum Investment Properties:-1 Unit - 85% LTV Purchase Only (75% LTV Limited Cash Out)- 720 FICO Minimum-2-4 Unit Investment Properties - NOT ALLOWED WITH THIS PRODUCT!

Well, I think the most practical way to handle this from your perspective is to put a clause in your rental agreement that the tenant is responsible for any maintenance of the jet-tub.Obviously, it may turn one or two potential renters off, but you will find someone that LOVES this feature and will agree to your terms.All that being said, I know a lot of people with these tubs and they all seem to be fairly maintenance free - if anything, the motor will eventually burn out and have to be replaced, but I wouldn't worry too much about that.

There are so many other options.1. follow successful people, and copy them.2. thousands of books to select from3. re clubs etc4. free advice on hundreds of websites-some good and some not I went to a meeting tonite that a very knowldegeable mobile home guy wanted to sell 2 different 3 day seminars for 5K each!

I'd be concerned about the expenses listed, the age of mobiles and the mgmt.

However, a bigger fly in the ointment has emerged as I sought funding for this project:According to institutional underwriting guidelines published within the last 30 days, no lender of mobile home parks will lend:1.