The downside is this place is trashed.

Fayetteville is a good place to start. it's a very forgiving market, finding tenants is no problem.The downside to Fayetteville is that there is no growth.

It seems to be an interesting proposition as you can leverage your net worth to gain equity into a deal, but of course there is downside risk if the deal goes belly up, requires additional capital, or if the loan turns recourse (due to operator fraud, etc).What is a fair expectation of equity split of the GP portion to KP a deal with the potential risks of liability? 

This would be my first seller financed property. Looking at a property where the owner owns it outright. I am in discussions with the owner and my real estate attorney for the purchase. Any steps besides agreeing to t...

@Cordell HughesMan you hv some of the biggest names in mobile homes answering your questionTime to get to workGood luck

I can’t see the downside of still making the profit, paying a mortgage for a few years and then selling for the 145k or maybe higher in a few years?

I’m having my biggest year yet as an agent.

You can cash flow higher than a family rental with more rooms.Cons The downside to students is they are messy. 

The down side is that the rent we could get (~$1200) will literally only cover the property taxes.

So my upside was extremely limited, but I still took a hit on the downside.