The next one might be a bit larger, but they are thinking its still a few more years out.. unless something major changes in the political or economic climate.

When you have had that business for 10 years fine, but the vast majority fail within the first 1-5 years.

The house does need some work but nothing major.

It could be that the best broker, lives in a different city or even a different state, particularly if you are in a state without a major market (i.e., a state with only a few hundred parks).I’ve seen instances where the nearest qualified broker is hundreds of miles from the property.

I know after this I have no profit, but the tenant is paying the majority of my Mortgage, taxes, and insurance. 

Here are the two major questions that I have been eagerly waiting to find answers to and need some expert opinion from all you experts out there: Cash out on equity on the rental property by selling it while market is high.

Major profit!

A few years back when the majority of properties were bank owned they had issues with accepting offers from LLC's.

1-cosmetic (paint, new floors, maybe a few small framing changes), 2-some real remodeling/maybe a major system or two (new baths, foundation + hvac, etc), 3-total guts/burnouts (taken to the sticks).

I would love any advice people have about good/bad experiences they've had in the area and major things to look out for when just starting out.