Keep noted, they are using the Section 8 housing free gas, free water, and any damaged they done, the housing will have to fix it.

I think low income areas are great investments. it might require that the land lord be more strict on the renter when it comes to the condition of the property. the lease will have to be rock solid so any damage caused when moved out is covered by the renter.

In what appears to be the first major lawsuit brought against the defendants over their seminars, the students seek over $12 million in trebled RICO damages. https://www.biggerpockets.com/blogs/1389/48691-arm...

There's various termite damage all around but it has been tented in the past decade.  

It's shocking to new or non-park owners to hear:  you just give the homes away to a family who wants to become home owners for 1 months rent as the purchase price, but a somewhat higher lot rent.The math on what you actually get to keep at the end of the year on home rentals depending on the area is a lot lower than one hopes because:  turn over, damage, non-payment leading to eviction, repairs, replacing appliances etc etc.  

I walked the home empty and noticed severe damages in several areas.

I just closed on a junk fire damaged house and I have several deals in escrow, I also have an overpriced house that I added on a crazy amount for my assignment fee and am shocked that one of my buyers wants it.

• Vacant House • Repairs Needed • Fire Damaged • Divorce • Bad Tenant(s) • Behind on Payments • 100% Financed • Estate Sale I am prepared to buy your house as-is. . . and will pay you all cash.

Indemnification As consideration of granting easements and the benefits each of the parties acknowledge as received, the parties agree to hold harmless and indemnify, each to the other, for any loss, cost, damage, expense or judgment, arising from or out of, either party's failure to maintain the roadway subject of this agreement as required or any refusal to act or in keeping with any covenants herein or under any easements granted.

Both of these predictions were incorrect.Page 38 in his book "The Great Depression Ahead" written in 2008 shows:"We are likely to see the next accelerated stock crash between mid to late 2009 and mid 2010, when most of the damage to stocks is likely to occur.