Is it suitable to use FHA loan rather than a HARD MONEY LOAN to avoid a large down payment?

Homes in the price range you are talking about are not suitable as rentals.

@Pat McCandless the meetup is really an informal networking-style event.

(No structural changes)Repair rear deck and front porch to usable condition and paint apr. 250 sq ft total (remove & replace 4, 2x6x8 deck boards)Floor repair where needed near back door (attach 3 2x10x8 floor joist to existing floor joist to reinforce soft floor) install new subfloor in area of repair.Drywall repair for bathroom, closet, laundry and master bedroom areas where needed (up to 200 sq ft with knockdown texture)Skim coat areas of house with dated wood grain style texture and re-texture where needed (approximately 1200 sq ft) Install bathroom vanity, sink, hardware etc. (36" vanity)Install kitchen cabinets (8 base, 6 wall)Install appliances (dishwasher, microhood combo, electric range, fridge)Install new plugs and switches entire house (14 switches, 4 GFCI, 36 grounded tamper proof plug ins)Install all light fixtures interior and exterior (15 total)Install counter top for kitchen (white quartz slab / granite or tile 32 sq ft "never formica for our flips")Paint interior walls and ceiling one color and trim one colorInstall interior doors (pre-hung 6 panel @ 10 doors)Install interior trim base, window and door trim (approximately 1200 L/F)Install windows where broken @ 2 (24x24 bathroom window, 36x60 bedroom window)Install all flooring, carpet (500 sq ft) laminate (1,000 sq ft) sheet vinyl (100 sq ft).

I've tried cards, invitation style and letters and am getting the best response with letters.Good luck!

The only pro to any deal purchasing and operating a rental is whether it is in fact suitable as a rental investment.

I don't know anyone who has gone thru Life Styles but I listen to the show almost every day and for $500.00 I'll give them a shot. i have looked at the threads on here for reviews and it seems to have a lot of controversy.I've been here a while and have tried flipping as you can see from my post.

And human nature is not happy regressing in style/quality, so they will pay less in price (keeping a comparable monthly payment) for the same quality.

Those are the ones that can get an investor in trouble for a variety of reasons.However, if the MHP is in the path of progress and well maintained for the most part it could very well be a suitable investment.

Add color to the listing by using sensory words to describe the architectural style of the home and its layout.