Additionally, Millennials rely heavily on online platforms and mobile apps for property search, virtual tours, mortgage applications, and transaction management, reshaping the way real estate transactions are conducted.Delaying Homeownership and Embracing Renting: Despite their strong desire for homeownership, many Millennials face financial challenges, including student loan debt, stagnant wages, and high housing costs.

Much like many of the so-called gurus, the cost for their "training" will eventually run into tens of thousands of dollars.

The same loan brokers that do MH also do RV, as do the insurance companies.We own both, and the only benefit of an RV park is that -- if you find the right one -- you can ramp up revenue faster because it costs you nothing to fill a vacant lot.

In either scenario you want to make sure you account for the "cost" of the money in your deal analysis so you account for your HELOC or mortgage payments.  

Analyze potential investment properties based on factors such as purchase price, renovation costs, potential lease revenues, vacancy rates, property taxes, insurance costs, and ROI .

The other consideration is the opportunity cost of buying just for appreciation.  

Unless you are an experienced builder, securing a bank loan can be difficult, and hard money loans often have high interest rates, which can become costly if your project faces delays.

It sounds like there are serious issues that the previous owners never wanted to fix or were too costly.  

It's typical practice to look at out-of-state (OOS) marketplaces in order to improve cash flow, particularly in high-cost cities like New York.

Since I'm just starting out, I wanted to invest in new construction property that will likely have lower maintenance costs in the short term.How did you find this deal and how did you negotiate it?