It carried my family (and friends), I didn't have to worry about a scratch or a spilled pop or a ding from someone's shopping cart, I towed tons of stuff, I carried tools and materials for my business, and I was very comfortable and safe the entire time. $10,000 cash is a lot cheaper than $50,000 plus interest, plus higher insurance premiums.

So you think it's financially sound to pay:1 - $20k DP2 - All of the cost of the remod3 - All of the taxes and insurance for a year4 - ...and, $15,600 in payments......over the course a year, with NO INCOME at all, on the hope that the remod will allow you to double your rent...which if all works out, and you run all of the numbers, I bet you still don't break even until the year 2031?...

Still, it was a safe purchase so while the rent is good, the purchase price leaves little for cashflow. 

Safe to say I’ll be putting in more capital then him but he will also be doing work for cost…Thanks!

Best bet is to locate commercial brokers around the country for pocket listings...There is also a YouTube channel I believe it's called Commercial Property Advisors or something like that, the guy has some excellent videos on commercial properties.

@Joaquin Garuz I'm up north in Boca and I've been watching the trends between West palm and homestead since 2015, the numbers just don't make any sense, everybody is blindly betting on appreciation and I'm waiting to see how it all plays out during a downturn. 

I acknowledged her fears, gave her what she NEEDED to feel safe and I think that really helped us in our partnership. 

They are representing you and need to keep you safe and not necessarily both of you.You have great goals and eventually I will try to be as independent as possible.Good Investing...

Everyone stay safe and thank you for taking the time to read this!

I bet you'll still be seeing word art in model manufactured housing for the next 5 years, minimum!