My thought with self-managing is to learn the business and then once I acquire more properties and am ready to transfer those responsibilities, I'll be in a better position to hire someone as I'll know what the work is like.

I am excited about the prospect of house hacking in the next 6 months with the goal of acquiring more buy and hold properties down the line. 

Ken said it well. single mobile homes are much more difficult to acquire financing for with any commercial lender because often times our lenders won't loan on anything under 100k. some go down to 50k as long as the numbers make sense...

Or are you talking about certain situations where you may need to season your title a bit before a new buyer could use certain government backed loans to buy a flip property depending on how you acquired it?

It was recently announced we are getting acquired.  

I am certainly more than willing to fix toilets or whatever else, or put in hands-on time during a rehab, but what I'm really interested in is learning the process of acquiring and managing a rehab.

Account Closed I appreciate the advice on the 1031 but I did discuss this with my father in law and he is not interested as he owns multiple properties free and clear already and does not want to acquire any more properties, tax liability or not.

What other financing are you using to acquire these properties?

Using the power of lease options and subject to's could really open up opportunities for my small business to acquire cash flow to help build my capital!

The only hiccup would be if you've taken a Section 121 exemption (the $250k CG write off described above) within the last two years or if you acquired the property through a 1031 exchange (meaning you bought it as an investment, then moved in to it, then rented it out again).