I didn't leave a message for those who didn't answer the phone - should I have?

I'm scared that a tenant might just take off the day before the rent is due, trashing the place and leaving me the bill for the lot rent.Is this a real problem with mobile home investing?

You want to be sure the seller isn't going to leave you high and dry if they have a note they don't pay.

If you are satisfied earning 8% compomuded over the next 30 years(hopefully you have that much time to leave your money alone) then invest in equities and hopefully when it comes time that you need to pull some of your gains to supplement your income you dont hit a 2008 becuase then your 8% turns into about 5-6%(great advice). stick with what I'm saying and you will be fine Fertile. invest in yourself, educate yourself in what you are interested in. and hopefully what your interested in, you can control such as real estate, your own business,selling shares of your own company or your own offering, etc. you are an outsider looking in if you throw your 500 bucks into a fortune 500 company and by no means do you have any control whatsoever.

What happens if employee(s) leave-can you fill in at a moments notice (another job in the way?).

I'm Scheduled to leave in September for basic training.

Thanks Joshua,the property is in tonawanda ny(57 fletcher 14150).It took a little over a month to rent both sides out.one side is a 1 bedroom rents for 300 other side is a 2 bedroom rents for 500.rents are actually a little low but i didnt have to do too much to the property and had them rented quick.once these tenants leave ill do a little more work and raise each by 75.take care

Leave them out of the equation until they are needed, like when you need to find a buyer, then they can get a commission for doing so (assuming they find one before you do)

If it goes out again I will have the tennant leave it off and call him for a return visit (no charge in the next 30 days).

Water bills can run high when someone leaves a faucet on for an extended period of time.I also think Mike gave a pretty good target price to make this worthwhile.