Should I just hold out until I have enough cash to buy a cleaner property that will attract decent tennants, or should I actually consider buying a $30K property in a horrible neighboorhood since I can buy now, and POTENTIALLY start cash flowing now?

The other option I looked at was GroundFloor which I found in the bigger pockets directory here for crowd funding, however I believe the interest rate will be high since this is a 0 exp flip.However, my father has been running a contracting business for a very long time and he will be my main resource when flipping these first few when it comes to the rehab portion.

I'm undecided whether I would bump out the main floor rear as well or leave it as a porch underneath the 2nd floor bump out.

These are pretty sporty returns with no leverage.My main concern is the amount of time it may take to manage and the age of the mobile homes. 

I think I’m gonna try landlording mainly for the experience starting out.

If she doesn’t move out you have three main options:1.

I am speaking to a loan officer tomorrow about the possibilities of getting a property at less than 20% down which would make it even more attractive.

The main problem was that there are no comps in the area that match the sq. footage of the house so we weren't really able to estimate a good ARV.

Specifically, can I attract a certain type of tenant - long term, stable, good income, low wear and tear, etc.  

Individuals can invest in private real estate by acquiring assets actively as a direct buyer, or passively with a private real estate investment firm, an online crowdfunding website or a non-traded private Real Estate Investment Trust, or REIT, which is not exchanged-traded and subject to market volatility.But three things are not confusing: the main benefits of investing in private real estate.