Ideally I think I would live there for a year or two, then rent it out and live somewhere else.

Mailers to Vacant land owners (only in specific areas where development is ideal) 9.

We even talk to neighbors, drive the neighborhood in the evening, Google searches.Now you don't want to go in guns blazin' but be cool and play detective.

However, I deal with a local Amish wood supplier & I would definitely go with his 4" width hardwood ($3.50 sq ft) next time.good luck

Ideally, we'd like to pay interest only for 6-12 months then refi out under a conventional loan.

If there isn't financing available, people cannot sell their homes for what they should be worth, so they depreciate.Finally, the way the MH communities are run play a strong part in the value of the homes.

Maintenance depends on condition 5 to 10% o gross rents should do.Tag 1/12th each month or 1/4 every 3 months, consider what could go wrong.PMI is not tax deductible individually but is an expense in business.Consider 10% vacancy, estimate when it will be leased for the first time and put month in at the end it's a guess so you can delay income well, lots of ways to play what if.Any mortgage payments with that PMI?

The reason i ask is I am in a similar situation where I could sell for a small profit $2-3k, or refinance pay off my partner and cashflow $350/mth as a rental, all the while gaining appreciation(ideally).

New product type for me and I trade mortgages for a living).Ideally I'm looking for 30 yr fixed but most lenders I speak to direct lending through their commercial lending group when a LLC is involved.

For me this means not putting someone in a property that evidently doesn't have a good chance of being able to complete the purchase (I of course am not making this judgement alone, that's where pre-screening from a qualified mortgage lender comes into play...in my process anyway).