It found that a 27% down payment was the ideal scenario. 

Hello for a beginner investor, which type of investment would you recommend, tax liens or mortgage note investing.

There is no way to know what the lending landscape and his options will be in five years from now - that type of loan could still be available or there could be some differences - including nuance with the specific property, location, etc

What made you interested in investing in this type of deal?

These sellers just don't trust folks (real estate investors) that can afford to send those types of mail pieces; it's just the mindset of the person receiving the mail piece.These niches need a simpler, "uglier" mail piece.

What made you interested in investing in this type of deal?

If you can get some cash out from the HELOC, you can then leverage that against hard money or other types of financing.

Several factors impact ADR, including location, seasonality, supply and demand, property type and size, and local events.

(Tiny A frames properly designed can kill it.)In an ideal world, you're combing more than one of the above to stand out in an increasingly professionalized industry.

This is not ideal but not unusual if you are dealing with a mom and pop operator.