I had to put about 25k of my own money into this first deal between the down payment, agent commission, inspection, closing costs, and holding costs, so I'd like to get as much of that covered as I can on my next deal.

Based on the 1% rule, this doesn’t seem to make sense.However, the city and area we live in retain property value because of the schools, community, and location.

In fact we just did a presentation on this last night we'll have a video out in about a week.

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

@Rajaa Boulassouak- thanks ....if this property is an investment  property most lenders won't be able to assist with a loan for a rental property that's a manuf home 

As I have been listening to a lot of real estate YouTube videos I realized that my moving into the unit is a major contribution to this deal and instead of us paying 20% we got 5% yet we are contributing the same amount of money.

I've heard this makes the search a bit easier for investors! 

What made you interested in investing in this type of deal?

From this, I realized two things-1.

I have had this job for 3 years.