Considering he had purchased from the town it was QC because they were selling their rights to it, that must be why he also had to track down the previous owner and have her sign off on it as well, or something along those technical lines.

John,I hear you (or technically read you;), I always see the glass half full, but that's the easy part in real estate.

I technically have some with infinite cash on cash return, if you look at it that way as they are BRRRRs I have pulled all of my cash out of.

@Courtney Duong, I would be happy speak offline about your exact situation, but potentially you may be able to combine your working hours (which are technically in RE business) with your self managing hours of your own properties to meet REPS.

The Dodd-Frank act passed after the great recession puts a lot of restrictions on what you can do. if you want to do this I highly suggest you read Lonnie Scruggs' book Deals On Wheels (which is a great presentation of the idea, but technically now illegal), as well as the supplement that Lonnie Scruggs and his attorney published a few years ago that specifically addresses seller financing mobile homes in relation to the Dodd-Frank act.

There are a handful of arguments to leave it the same 470 or increase to 480:Stay at 470:If the first offer drops then that technically makes us the highest bidder at 470k.Who wants to spend 10k if they don't have to?

It's not technically a trailer court, right?

@Robert LeitnerHere're some of the many threads discussing how to select a tax accountants:https://www.biggerpockets.com/forums/51/topics/795929-questions-to-ask-a-potential-accountanthttps://www.biggerpockets.com/forums/51/topics/792277-how-to-test-your-cpas-technical-competencehttps://www.biggerpockets.com/forums/51/topics/528033-must-ask-questions-when-interviewing-a-cpaOne potentially troublesome part of your expectations is year-around access and "getting hold of them."

Yes mortgage insurance sucks, but the rent is technically paying for it.

I know technically its not an eviction but I do not how where not renewing a month-to-month lease fits into the regulatory landscape.