Currently I do have two other investment properties in the Northeast and want to continue to acquire more but also want to take advantage of the lower cost of homes down here in the Houston area.

This incident triggered every trouble I'm experiencing now. 1) The officer from LAHD is after me saying that I need to register the property as a rental property and evict her with relocation assistance, which cost about $9000. 2) The Building department is after me with the order to comply: which I believe it might be better of demolishing the house and rebuild it. 

While completely renovating an MH is cheaper than a SF, it can still be quite costly.

It will likely cost you to get out of it.

I am just a person on an internet message board, but have known enough attorneys and seen second and third hand enough lawsuits to know you are getting dragged in no matter what.Just a few things to think about before you start spending money to transfer, just to learn that it will cost you a lot more to have things like commercial insurance, commercial mortgage, business utility account (not more expensive, but typically require a large deposit to remain on account), etc.

@Jarrett James you said other investors got together and split the cost.

Scott’s “book on estimating rehab costs” and am having a hard time finding the bonus content.

@Joseph Stammeyer, the program costs just under $10k and they will fund all of your fix & flip deals, including the rehab.

Right now my cost assumptions look something like this: 25,000 ft to yield 250 units Acreage needed for 250 units = about 1 acre (Depends on local municipality requirements for detention, setbacks etc but for now this is my assumption)25,000*$50 = total buildout cost less land revenue $ *.35 = opex cost thanks! 

And don't get me started on grocery stores – building one in Worcester instead of Shrewsbury would cost the property owner an extra $220k annually.City councilors, can we please get some action here?