This will reduce costs to minor park maintenance and taxes.

There are discount brokerages out there you can work with that offer reduced commissions but you get what you pay for as they say; working with these brokerages will limit the number of properties you get access to because the traditional brokerages don’t like working with them.

Overall costs need to be reduced by $8k for me to do it.

However the aesthetics of modular houses are more modern (sell easier) and the turn around time reduces carrying costs substantially.

Raise revenue or reduce operating expenses or both.You might run into explanation that seems circular - value is calculated based on cap rate but cap rate is calculated based on value, it's like watching a dog chasing its own tail over and over again ... at some point your brain will explode :-) As stated above, the breakdown in the logic is the fact that some people think they can alter and calculate cap rate, this is incorrect.

.- Watersense or other water conservation methods with showerheads (the biggest drain on water bills other than leaks and loos) are often cheap and easy ways to reduce the bill with little to no impact on the tenants' lives.- LLC name can be anything you want, but I'd certainly think purchasing this and holding title as an LLC makes sense for a 14-plex.   

@Carolyn Hodo both of my parents combined have a really good income, but my mom doesn’t have credit and my dad had some medical expenses that ruined his great credit score.

In Pennsylvania, you can apply for homestead exemption at your local assessment office and it will reduce your school property tax for your primary residential residence. 

Down the road as you do more deals, then yes you have a reputation.You will also hear people say on podcasts that leverage reduces risk.

I follow the BRRRR strategy so most of the properties have been rehabbed which I believe reduces calls.