The stick-built home is "real property" so it appreciates in tandem with the overall market, while mobile homes are "personal property" so they do not typically appreciate unless the market is extremely hot.

-Settlement Fee: $595-795 depending which title company you hire to close the transaction-Owner's Title Insurance Policy: Roughly 0.2-0.3% of the purchase price-Recording Fees and other Misc: Another couple hundred dollarsFees that will only be present if you are using a mortgage to purchase the property:-Origination Fee: Varies and is typically represented as a percentage of the loan amount-Lender's title insurance: Another roughly 0.2% of the loan amount-Appraisal: $500-650-Misc Junk Fees: Processing, credit report, flood cert, etc etc etc: A few hundred to a thousand dollars depending on the mortgage companyCosts that are not fees but still need to be settled at closing:-Prepaid interest (if there's a mortgage)-First year insurance premium-Impounds to set up tax and insurance escrow accounts (if there's a mortgage that escrows T&I): A few month's worth of each-Prorated taxes, water, sewer-Heating fuel remaining in tanksWelcome to New Hampshire, and happy investing,Troy

They do have a sump pump installed yet there was enough water damage to ruin the carpet the first time, and the brand new carpet is now under water.

As far as expenses, I just use a simple Excel spreadsheet and an old school notebook to write down info about each house (if it's on well or septic, city water, which electric company, school districts, etc.).

You have 4 sets of appliances, water heaters, etc.

If a water pipe breaks and the place floods, you would have to move out while renovations take place.

too hot or just looking in the wrong place.

This could lead to some mistakes or overpaying for properties or passing on hot deals you didn't think where hot.

It was also much more expensive than I had originally been quoted.Then I purchased blinds for the property and went down there and installed those.Then we saw that there was water damage on the window sill.

The problem is we have approximately 2 weeks of travel coming up for July, and we need time between their tenancy and the next to do some updates (paint, new flooring, new water heater), and I don't want the house to sit vacant while I'm out of town.