I know that's very vague but that's part of my question here, how much weight should I put into the 1 or 2% rule in the situation?

It is loaded with REI books.  

16' wide (actually 15'9") is pretty common in modular construction because of shipping issues - not sure but I think they can put that size box on a trailer and just be subject to "Oversize Load" transportation requirements (such as an escort in certain states). 

The BP community is loaded with answers and suggestions that can help. 

Hi, I'm currently working on my 2014 taxes. This 2014 taxes will be the most complicated one by far, with itemizing RE expenses, etc. I do have an EA doing it, so I'm just trying to plan for 2015, as I plan to purchas...

I does take a lot of energy and patience to sit tight and weight out the market cycles but I am more patient now than ever. 

I, too, am a newbie and can identify with some of thoughts on real estate investing.I discovered BP and am finding it is a great resource, loaded with lots of great info and knowledgable people.Best of luck to you!

I couldn't load any of the pics (problem on my end) but looking at the numbers and your story it sounds like alltogether things went well.

Not likely to happen but the whatever trillion in debt we already have is locked and loaded at a rate and not impacted by todays rate

There were built light, that is, with minimal foundation work to support the weight of wood siding (not brick veneer) and an early asphalt-shingled (not slate) roof.