Investor is trying to avoid the lending requirements to owner occupied borrowers, including Dodd Frank.

One piece that might make a difference is if you're paying the utilities (or utils included with rent).

Do a Welcome letter to everyone the day you take over, include who they now make payment to, your contact emergency number, and let them know you look forward to meeting them.As far as leases, you don't want to renew or give everyone same date for renewal, stagger your renewal dates so you won't risk having 3 empty units.

I'm a 32 yr old 'dinosaur' who refuses to use (nor do I have time for) social media, so I appreciate the tip :).

I have had numerous businesses through the years but it was serious health issue and the realization that disability social security payments would not allow me to live that made me want to build a successful RE portfolio.

Any reputable broker should be able to get you a sample policy, which will include those forms for your review.  

This seemed incredibly inefficient and not worth the time so I canned the idea of real estate investing all together - Fast forward to last week when I learned about creative financing to include wrap's, hard money, etc. 

You can find all these on meetup.com, including Hobby Millionaire Charlotte, which is the RE meetup in Charlotte with the most members.  

I am looking at a mobile home park in CT with the following details:- 18 spaces fully rented for $455 / month (received as an HOA - owner does not own the mobile homes but rents the spaces and includes utilities as part of the $455 fee)- Separate unit on the property:- 3 offices rent for $400 each / month (currently rented)- 1 apt bedroom for $800 / month (currently rented)- A storgage shed that gets $1400 a yearTotal Annual Income = $122,400Total Annual Expenses = $92,701They are asking $1.2M for this property, and I am new to this type of investment.

New additions include searching for Seniors (in Tx that means, at least for OWNER OCCUPIED houses that the person has an OVER 65 EXEMPTION).