I also have two buy-and-hold rental properties and am passionate about exploring unique financing opportunities.Recently, I used a VA loan assumption to purchase an investment property at a 3.3% interest rate, which was instantly cash flow positive. 

Don, as we know title and escrow is unique to each state  ( like I am just learning all about IOWA abstracts this last year as I entered that market.)When I did foreclosure rescue it was as Pace apparently described according to Ken.

STRs have unique tax considerations, so setting up the right systems early will save you headaches down the road!

The main use of the extra revenue is capital improvements; new roof, furnace, monitored fire alarm system, etc. 

Use a tiered approval process to give them control over larger expenditures while enabling quick resolution of smaller issues.2.Proactive Maintenance: Implement preventative maintenance programs to reduce costly emergency repairs and extend the lifespan of property systems.3.Monthly Reporting: Deliver detailed monthly financial statements that outline expenses, rental income, and ROI performance.By handling their funds with care and providing transparency,  trust is built with owners, ensuring they feel confident in the relationship.Making Tenants Feel HeardHappy tenants are the foundation of long-term occupancy and reduced turnover.

It ended up okay, but it sure taught her to slow down and get comfortable digging deep into the due diligence.Here in San Diego, I’ve seen the seasoned investors always double-check with a well-regarded local title attorney..I’ve heard there are a few firms around downtown that specialize in smoothing out odball title issues..or a trusted property manager who knows what unique fees to expect.

My property manager I don't think has a chance to relax, but she does have systems built around her to free up the time when it comes to regular maintenance and rent collection. 

They have a system, team, and their own contracts, and also provide proof funds, even the EMD. 

Mobile home parks often have unique challenges and opportunities, and it’d be great to hear how you’re approaching this one.If you’re open to sharing more about how you found the deal or approached the seller, that would be valuable for others looking to break into mobile home park investments as well.

Hi Kevin,Great question... finding the right property management (PM) company can make or break your investment strategy, especially in Orange County (OC), where the market is both competitive and unique.