Since it’s essentially a change in the holding entity, not a sale, a quitclaim should be sufficient.

I happened to be at an inspection yesterday for an investor that will be closing on his first quad in Jacksonville in 3 weeks.As for where, I think the choice between those two markets is easy.  

The year the mobile was built affects the choices.

Grace days are the number of days the processor holds the payment to hear back from the bank or not as to whether there are sufficient funds to cover the transaction.  

I know they are duplexes everywhere, and I know ultimately depends on your choice of city.

I'd love to get one in Southern California, but I have learned that that might not be a good choice with the high cost of properties in Cali. 

Hi Erin, I work for a property management company in Milwaukee, Wi, and here are some thoughts to consider: Vacation rentals- Pros: Higher Income Potential due to tourists, Flexibility, Shorter Tenant CommitmentCons: Inconsistent Income depending on demand and time of year, More Management Required, Wear and Tear because of constant turnoverLong-term rentals- Pros: Stable Income, Lower Management Effort, Predictable Expenses, Less Wear and TearCons: Long-term commitment (this can be pro or con depending on the tenant), Market Dependence The choice between vacation rentals and long-term rentals largely depends on your financial goals, management capacity, and the property’s location.

This should be sufficient to exclude the $2600 termination fee from your DTI, as it confirms the lease obligation is ending.Best regards,Drago

What do you guys see out there, and is MF a good choice in this market?

It is a personal choice.