I know typically with courthouse auctions it is a very quick turnaround (maybe 24 hours) from when your offer gets accepted to when the payment is due and you close so you will have to be comfortable with the added risk of not being able to do much due diligence, or will have to scramble to quickly verify you are buying a clean title and to produce the cash for purchase if you don't have it already liquid.

Does anyone have any experience or regularly attend meetings in the Nashville/Tennessee area that they might recommend?

So you would produce a proforma P&L that looks like this:Revenue- Revenue from house- MHP RevenueExpenses- House-only expenses- MHP-only expenses- Communal expensesThen you can figure your cap rate based off the entire property. 

On top of changing rules regularly, and threatening fines for rules that were changed the next week, they never did the initial inspection with the builder. 

You would be taxed at regular income rates but if you can get returns much better than the average 7% in the stock market it may be worth it.

Info that is produced for the masses wont include any of that because the answer that you seek are dependent on your situation.

We are a Los Angeles-based private lender that lends nationwide and works with out of state investors and first time investors regularly!

Your regular income gets added to the cap gain for the total that determines what bracket (0, 15 or 20%) you fall into. 

Send it by certified and regular mail and/or post it on the door in an envelope. 

I am in New England for a week or so, but when back in MIA will be at the computer more regularly, and will send out info to my family members in need of property management services.Originally posted by @Monica Labrada:Hi@Joseph James, Please reach out would be happy to help.