I’ve been looking to get in to real estate for a while now and I am finally ready to take that step.

I could go on forever; but finally, learn about money and how it works: specifically how financing and appraisals work.

I finally found a good one, he was small 2 person operator...so he didnt have a lot of overhead to "bloat" the price of the project.

Going to start finalizing the loan later today. 

There are several other factors that could weigh into the final verdict: phone coverage, internet speed, phone purchase specials, coolest commercials, etc.… Then, after you go through the entire purchasing and set up process, you end up with something that costs you more than what you were promised in the ad, begging the question, did I pick the right company?

The final number is usually higher.

I've been renting apartments and houses in Los Angeles since I moved and am finally close to having enough capital for a downpayment on a home out here.

Now I finally have fully rented and both units remodeled.

@Aidan Mulligan  Spend the next two weeks writing up your rental ad, preparing your rental criteria and app, and finalizing your lease.

Read Charles Becker of Duke University's article on this very topic for greater insight.Another difference is that Class B/C apartments typically need a huge amount of expensive cap-x to maintain their occupancy, while mobile home parks need a much lower amount since the park does not own the homes (or at least many of the homes in most cases), although this is true whether there is a recession or not.The final main difference is that apartments sell at much lower cap rates, so there is less cushion in the event of a recession, while mobile home parks still sell about 1 to 2 points higher in cap rate, so you have more flexibility to contend with the impact of a recession, whatever it may be.