He will finance building the house. this can be done however you want -  my recommendation where I see things go wrong is everyone is high and drinking the kool aid when they go into these deals thinking they are going to be making all this money.

I think you need to analyze your own properties, not send them to an agent to analyze. 

I think it is a false assumption to think that STH owners don’t need to plan for CapEx.

Hey Gerardell,You're thinking the right way about this.

I personally think taking a 1 bath house to 2+ baths is one of easiest value-adds there is.

I think it’ll cost you more in the end.

Think about building down in homestead the numbers are even better, appreciation is better, etc. land is cheaper. you can build this for cheaper than $475k these days and add a unit. three unit. miami is on fire 

I've been thinking about getting into remanufactured homes.

I personally don't think that will last if rates drop and people jump back in, so I'd say reinvest while prices are "low" right now. 

My product is slightly different, it's more about connecting borrowers to lenders, so I don't think I need to learn about Fannie Mae at this point.