@George Temes welcome to BP, I was in your shoes little over a year ago.

My question to the successful MHP owners here, if you were in my shoes would you try and go for the fixer upper or a well run park for your first purchase?

Alex Siravo - Put yourself in the seller's shoes. 1.

With home prices increasing and rates sure to follow at some point, it'd be prudent to buy in the winter vs next summer or spring as you already know.With that being said, if I were in your shoes, I'd buy the primary and then flip.

I was in your shoes a few months ago and have been working on the transition.

If I was in your shoes and wanted to go a more simple route, I might pull a HELOC and try to snatch up a small multifamily in the 253 with the cash you've made on appreciation.

I bet a lot of BP folks would be happy to be in your shoes. 

Its really very little different than a shoe factory.

As to type of property, that is simply collateral, location and property type are seen in the LTV as the market value of the collateral, nothing really special about these aspects unless it's a poor collateral risk.Notes are not simple, need to master RE before going there to be able to assess the value of the collateral and understand that being in the shoes of a lender/note holder is not the same as buying a property.Search in the note forums here on BP, search "performing notes" might look to the bottom of this thread as to "Related Topics" as this was touch on in the past couple of days too, as to "cash flowing".

Some insight from someone who's been in my shoes or currently using these forms of marketing would be great.