My GUESS is these homeowners have been tricked/screwed in to signing a long term power purchase agreement, often with no buy out provision.

You can click on my website link in my signature to set that up at a time that works for you. 

-Management is low - you'll need at least 10% plus leasing costs - typically a month's rent for each lease-up, and sometimes a renewal fee as well-Insurance seems low-Are taxes accurate? 

Purchase price: $650,000 Cash invested: $138,000 My business partner and I picked up this 25 lot mobile home park in Owensboro through a wholesaler.

I’ve been working with real estate financials for a while, and I keep seeing one mistake that costs investors thousands: poor bookkeeping leading to missed tax deductions.🚨 Common issues I see:❌ Not properly tracking repairs vs. capital improvements❌ Missing out on cost segregation & depreciation write-offs❌ Scrambling at tax time instead of planning proactivelyI’d love to hear from the group—what’s been your biggest tax headache as an investor?

@Mike Vu did you end up investing in one of his deals?

Slowly work your way up to bigger purchase price and rehab budgets.

I have a follow-up question—what’s your advice on maximizing ARV while keeping rehab costs efficient?

Lets say its $270k and you are financing $220k and it takes a year at 12% thats $26k in interest plus other costs etc.

I'd level up with a BRRRR, live-in flip, or house-hack before jumping into a challenging renovation.