If you need to cover utilities, the numbers tighten significantly, making a lower purchase price essential.Let me know if you have any further questions or want to explore these numbers in more detail—I’d be happy to help! 

though; (1) there are tenants in the house on a two year lease (payments are enough to cover mortgage payments), and (2) the Seller wants the option to buy back the property in two years.

Dont get me wrong there are plenty of heavy hitters that just scan the site and dont really post. 

Take a look at Personal Property versus Real property coverage, plus clean up costs to make sure your covered.I would also look at covering your project from the Subcontractors. 

So now we cover utilities for both units and the new tenant pays a higher amount too on the back unit to cover all the utilities with a great profit.  

It depends on where you want to live, income, personality, and other factors.You could buy a large home and rent out the individual rooms to cover expenses, but this comes with problems.

If you do pick a market with heavy single-family or mobile home segments, keep your eyes peeled for local property management teams who actually cater to that niche.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

I’m looking to connect with:Partners who can bring resources or experience to the table while I handle the heavy lifting of deal-finding, analysis, and management.Investors interested in deals with clear strategies and long-term potential.While I’d prefer to build a portfolio for the long haul, I understand the market always has buyers.

You could agree with the Seller that you will accept up to $10,000 in the special assessment and the seller covers the remainder.