They bid a job and then sub out the different jobs to each trade.  

If they are all Park owned homes, just make sure you are aware that it is going to be more costly to run this property and more time intensive as your basically buying a 75 unit horizontal apartment.Am i understanding this correctly?

If I understand correctly you are cashing out the appreciation on your residence to go out of state.

I want to pull money from my Roth IRA but want to do it correctly so I don't get hit with taxes and penalties.

-How many are you bidding each time? 

In this market, getting a deal without a bidding war would be considered a gift in most cases.

NOTES  NOTES NOTES  always positive cash flow day one.. choose correctly you will have a nice income stream.

I would appreciate your advice about  the correct numbers to use when estimating closing costs while running the numbers for our next purchase.This is an example of the closing costs for a rental that we purchased for $105,000.Loan Charges:  Origination & prepaid  interest:  $1,000Title Charges & Escrow/Settelment:  $1,600Impound Charges:  Tax & Insurance:  $1,500Total:  $4,100Which of the charges should be entered into the closing cost field?  

I've been toying with the idea of getting into rentals as some more supplemental income, and although I've struggled with the math as far as justification, i believe the main reasons folks here by rentals (please correct if I'm wrong) are: Cashflow (although I've seen people do deals eg on Roofstock for only $100-200/mo) + appreciation (when sold) + taxesSo assuming I'm correct there, then the potential tax benefits are 30% of the reason to do rentals.

I jus found out I won the bid and I’m having second thoughts.