I bought a mobile home that was not even close to being able to rent out.  

am fairly new, looking into mobiles and mhps, and owner financed deals, subject to's, and wraps.

Since many states require you to hold the security deposit separately in it's own dedicated account (apart from rents and expenses), I think you technically need 2 bank accounts per LLC.

Not many people outside of dedicated sparkies have the right tools.Check with your local secretary of state for getting a GC license.

Dan I would Wholesale my way to 100 K, then I would grab some Mobile Homes as rentals.

I've only done mobile home deals previously and lately the prices of sfh's have been getting in the range of mobile homes.Tim

Sell homes and 1031 into a Mobile Home Park.

The non-occupied spaces have 1/bed mobile homes which would be included in the sale.

Jobs wasn't the only person there, but his dedication and obsession showed through to many of the products introduced over the last decade.

The spreads have become thinner, buyers less plentiful, and dealing with the roadblocks of end buyers lenders, underwriters and appraisers have made the job even more difficult.That said, it remains a profitable business model if you know what you are doing and until that changes completely, I will continue to plug away at it.I am switching gears some by dabbling in notes and will also dedicate approx. 20% of my time to commercial acquisitions by the end of the year knowing full well the opportunities that exist in that strategy.