This would also give me way better knowledge of finance and ability to get good jobs long term, if I need to work a regular job.Can't wait to hear all of your thoughts, thanks everyone!

If not, does she know that your ability to close is contingent on your finding a buyer?

You need to have the ability and the wherewithal to take action by sending mail pieces and answering the calls.  

The previous tenants never complained about it, but I'm concerned that it may negatively impact my ability to find a good tenant. 

I have made several contacts who have been buying and holding for 15-20 years, and they now have the ability to use their own HELOC's to fund their flips.  

I really like MHs on land for their affordability and great cash flow ability.

Would HUD have the ability to force the bank to call the note due?

And ABC makes up for it in allow you the ability to value add.There is a HUGE difference between what has gone on at say Morris invest and what Curt is portraying here..

Sasu at length he can attest to.The loan that you are speaking of is a 90 day short term hard money product that allows an investor to purchase a property very quickly and bring the property up to conventional standards thus allowing the ability to refinance into a long term conventional product which otherwise wouldn't always be possible. 

It will be your ability to run a scalable real estate business that should compound as well, as you consume more knowledge, and gain practical experience.If you apply yourself diligently to your pursuit of real estate you'll find that deals begin to present themselves to you, that lenders will be more willing to work with you to finance your deals, and that other individuals might be interested in giving you cash to partner on your purchases.