As a landlord, I verified the work needed by pictures being sent, and arranged for a contractor to go in person who is licensed and insured to give an estimate for the work stating to management company this would likely have to come out of a security deposit.The management company was initially asked prior to me arranging this appointment with contractor, to have someone professional quote the damage, and they disregarded my wishes and without my knowledge, or notifying me, granted consent to the tenant to fix the door " in any way they see fit, and to attempt to fix it themselves to the degree of their liking." 

An investor friend offered me first crack at buying his paid-for 5bd/3ba SFH that appraises for $500k and is currently rented for $3k/month on a 12-month lease.

I am an agent and I work with investors throughout Middle TN to help them find off-market properties to fix & flip/fix & hold.

That's terrible, considering I can get a CD for 4% for 10 years, or an annuity at 6% for 10 years.Management companies want 20%, and property taxes and home insurance keep rising, considering I have no homestead exemption, so I am capped at 10%, not at 3%, and home insurance can do what it wants.Could someone please tell me where I am wrong, because in this case, it does not seem that this real estate is a good investment at all.

Or buy an investment while still living for free with family.

Anybody have experience as an LP with Penn Capital?

I have heard developing an rv park one should budget $30k per space, which seems high to me but, all the 50 amp underground power, waste plumbing, possible lift stations, pads for rv's concrete use areas, pavement, landscaping, engineering, surveys, sitework etc, maybe?

An an effective way to use a HELOC would be on a value add/BRRRR deal.

Long story short, sold my home on 40 acres and business, made a nice profit, met an amazing man who is a contractor, got married, sold his property too and we moved to the high desert of Central Oregon near a very popular year round resort town.

I'm an investor, broker, wholesaler, etc. in NYC & LI and I'm happy to help.