With a 3k a month interest only payment(10.75% Interest, 2.5 points origination, supposed to be paid off mid Feb), 3k in monthly bills, and 14k in cash left AFTER investing 90k of my own money in the deal, you can see the terrible position I'm in now.

We were able to itemize instead of taking the standard deductions on our individual tax returns while it was our primary residence, by deducting mortgage interest, taxes and qualified improvements, but then learned the power of the P&L and taking business deductions against the passive income to offset our tax liability.

With no other bills you should be able to do both this year.

If they have to work OT to meet your schedule you need to foot the bill.

You will pretty quickly be able to tell who is just selling something and who can become a valuable member of your team.Best of luck as you explore this powerful alternative for putting your retirement funds to work.

There are a bunch of fees by the bank and bills including taxes that have to be paid.

There can certainly be increased liability, potentially higher operating costs (keep in mind that some private systems can actually be cheaper than municipal systems, especially if bill backs are implemented) and an increased management burden associated with operating private utilities but I feel many investors immediately eliminate MHP investment opportunities from consideration due to the sole fact that they’re running on private utilities.  

Please DM me any names that fit the bill for me to reach out.

Please DM me any names that fit the bill and have a wonderful holiday!

Please DM me any names that fit the bill and have a wonderful holiday!