Hi all,I own a condo and I am thinking of going down the MTR route vs long term.  

We owned that particular unit for 18 months are, and save for replacing a few tiles in sections, it seems to work out.Take home - I'm just not sure if it's better than just going with a basic carpet selection.

Husband and wife agents with luxury brand, own a construction business, licensed General Contractor, retired army officer, successful spec projects in 2004(money was easy then).

I have been with a property mgmt. company for the last 6+ years and thinking of managing on my own.

My new goals I would love to own a laundry mat and/or a parking lot to make more passive income. 

As far as finding private lenders, you are on your own.

I personally came to the site with a background in rural land investment, but have learned a lot about other areas of real estate as well.

Remember though your not paying retail price... buying all five at one price should be more of a wholesale price.Left the maintenance person with free rent out of the calculations... that is for you to decide after you buy the park. 

You put yourself at risk of having to support the property's needs from your own money, instead of cash-flow in those low cash-flow situations.  

I’m totally going into this blind and having to learn on my own.