Most here want to buy MH parks that are already up and operating.

Second by improving operations.  

Hey @Ceasar Rosas we recently used Tim Fisher of All Pocono Settlement Services to help us with the creation of our new LLC and operations agreement, along with a promissory note for our investor.

In the mean time, I typically tell my Self Employed individuals to stash away in a savings account (away from their operating account and other spendable cash) their state rate + 15% for Self Employment Tax + XX% Bracket for Income tax that we project out. 

Rather, HELOC funds are perfect for short-term activities like BRRRR or flipping where you can relatively quickly recoup your investment, pay off your HELOC, and generate profit.I hope there are a few helpful nuggets in there. 

One of my company's biggest equity partners is a wealthy family in California who has no interest in operating real estate but wants real estate in their portfolio.

@Lawrence Henkel IIIWe do have a gas line in the unit (since we have a gas operated log fireplace) which he can turn on when he moves in, so I'm guessing there is a line you can hook up onto the oven area?

I'm assuming for the moment that it would be operated only during "the season" of roughly half the year and winterized the rest of the time and that while the units were occupied, utilities could total $700/month.4.

If you are operating under the delayed financing exception and financing the property with a mortgage within 6 months of the purchase date the bank still goes off the appraisal but you cannot get back more than what you paid for the house.  

I used to do it for most clients (bigger ones excluded) unless I had access to an operating account of some type for them.