Plenty of materials, people and wealth available to you here on BP.

So for a new investor to get 2% seems tough, especially in CA.

Marketing is tough, the contract states you can't market for resell.

Here are few tips on how to avoid this problem on your flips:1) Create a file folder for you flip (both electronically and in paper form), so you get and maintain the proper documents stated below.2)  Draft a summary general contractor (if you are the GC) plan or have your GC prepare a plan on what work will be done before you start it.3) Identify and create a list of all subcontractors that will be used.4)  Identify all materials that will be needed or used for your flip.5) Prepare all lien waivers for all subcontractor and materials either before the process starts (this is ambitious - but is a great idea)  or at the time of paying your subcontractors.  6) Lastly, get all lien waivers to your attorney prior to the actual closing.  

I agree with Jeff that renting MHs is a tough model.  

I closed one today.. in Charleston but that is rare for me.. too much throwing stuff up on the wall and see what sticks from those folks. granted they can bring some deals.. but anyone contacting me wanting to put me on their buyer list I really don't respond to.What ever happening to apprenticing in the industry to build up capital and experience I guess the internet has given this illusion.now granted in some markets were you can trade houses like your trading cars it can be done.but in the higher priced markets pretty darn tough without some expeirnce and some jingle in your designer jeans.

BP not only has a great podcast, there is free learning material as well, including the free online courses and videos that BP has to offer.

@Nathan WeaverI wouldn't mind seeing your lease and optionForcing a tenant do any repairs either labor or materials is an illegal lease by most state laws.Do not have the option related to the lease and vice versaIf you evict the tenant for defaulting on the lease, the tenant may still have an option in forceTenant may be able to sell his her option if allowedI use www.upgrademycredit.com to assist tenants get their credit better.I recc www.notecollection.com to take payments from tenant and pay PITI directly.

If your going through the roof that's a bit more work and material and I was working off the first floor your not.

Hi Katherine, truly an inspiring story and one that will motivate you and keep your 'grinding' through the tough times.