Hi There, This week, I will be purchasing my first Mobile Home Park in Florida.

Were looking to refi for funds to move closer to elderly parents and rent both houses and don't wanna do upgrades if wont matter since we live in a 1997 double wide mobile home with 1/2 acre and another 1974 mobile in rough shape but habitable (grandkids live in) and its the only mobiles on the street and in the area.

He was selling the mobile home for $55,000, the prices for that kind of mobile home with land in that area is around that price:Option 1 All cash:Cash $23,457 buyer pay the closing and run all due diligent.Option 2:Total $35,000Down payment $3500Seller pay closing costs and due diligentFinancing $31500 6% for 8 years $413.96 a monthOption 3Total $40,000Down payment $1000 Financing $39,000 15 years $346.26 month 6%Option 2 and 3 can be repay in full any time of the loan period.Please give me your feedback.

I'm thinking about buying a mobile home park in Georgia.

I'm just unsure how "portable" CPAs are after visiting the "CPA Mobility" site.For what it's worth, I do see quite a few requests for CPA recommendations on this forum, but my searching didn't come across any specifically requesting one with syndication expertise. 

There's a lot of shiny objects out there now that are luring people to ditch their 9-5 to become their own boss and find a lifestyle design model that they enjoy more than the one they're stuck in.Hey Odie, I’m not a lifestyle speaker so I can’t speak to that area.I’m someone that got fired from his corporate job in 2004 and have been self-employed ever since.I’ve had countless businesses that have failed 1) Safe and Sound pet care biz 2) Mobile Home King 3) Why Go Solo (tech company…what was I thinking) 4) Toolkit for Success 5) Note partnership (still love the lady I did this with) 6) Wallpix.I learned to take large amounts of stress and plow through the valley (as the bible touches on).3 businesses worked for me: Government Contracting, Landlording, and Note Investing…ALL THREE STILL PAY MORE MONTHLY.I attribute much of the success to the fact that I learned to be a business owner whereby I treated every endeavor like my next meal depended on it.Thinking about it now, I don’t recommend my course for anyone as there was a lot of pressure, soul searching, and lessons learned.On your topic, I think people should consider being more valuable to their employer to elevate their standing at work while building a side business.For me its about maximizing the number of income streams versus replacing one.The key to success (in my little mind) is to focus on building a business out of any venture you take on.I see a lot of failure because folks dabble versus assemble a business plan that they work daily.

I am interested in mobile home parks.

I hope this helps I only have 4 mobiles and 1 house and another that i haven't got started to rehab yet.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $15,000

Cash invested: $25,000

Sale price: $70,000

Selling Lease-Purchase

What made you interested in ...

Investment Info:Single-family residence buy & hold investment in Mobile.