Can’t trust wholesalers period

David,Insurance policies for flips are structured different than those created for buy and holds.Flipping policies will give you coverage during the renovation time period as well as any long term vacancy, usually more than 60 days.A buy and hold policy expects the property to be rented and can deny claims related to major renovations or during a long term vacancy.There are specialized insurance programs built for flipping that most flipper will use. 

I do feel my current vacant unit would be a good candidate for AirBNB as it is a small efficiency, but I don’t know how desirable the Hamilton area of Baltimore would be and the mechanics behind setting it all up.

If you are over 55 you can buy there and tenants seem to stay for long periods of time...plus, retirees don’t usually trash the place. 

@Mark FriesLove this as I am new to investing period

They do not provide meaningful oversight or guidance with respect to tax code compliance.A checkbook IRA LLC is an enhancement on the above structure that is generally more time and cost efficient for investors with a more diverse portfolio.

Consider the IRR of your cash flow below based on various holding periods (you can do this in Excel):3 yrs -   IRR is 28%5 yrs -   IRR is 17%10 yrs - IRR is 9%I'm comfortable with a 15% to 16% IRR (i.e.

We have some money in our Heloc to either buy another investment property or just buy ourselves a house that does not need massive work, good neighborhood and is energy efficient.

My concern is that the park will be mismanaged during that 5 year period, they will not complete the contract and we will get back a less profitable park than I currently have.

Yes, the mobile homes built today are more energy efficient than their predecessors, but they can't beat the solid interior and exterior of a Tiny Home built by a professional company.