If there was a 7% cap rate on the $5,000,000 sample property, it would cash flow $350,000 annually.2) Do you think you would enjoy having professional tenants with long term leases?

Is it really difficult to deal with Section 8?

Taking the LLC approach has one important tradeoff that you should be aware of; access to high LTV loans (a majority of lenders cap lending to LLCs to 80%).

It makes life difficult sometimes too though.

Once we know some of these answers maybe we can give you some sound advice.Oh yeah, turn off your CAPS LOCK, you're shouting!

It is very difficult to get financing packages for these...unless you are getting a loan for the home itself and not the entire land/home package.Sewage and water bills would have to do with the location of the home.

I've got a Roth IRA account set up that isn't doing a whole lot for me (I bought some small caps that have gone nowhere).

They have refused to give me a closing date (until recently), and stalled on everything.I ran this past my real estate agent, and he explained that many builders/mortgage companies (they are both the same group, in my case) have been trying to make the process as difficult as possible so buyers will “walk” from the deal and allow the builder to reap huge profits when they sell to another buyer (because the market has gone up since we signed—our house is now worth about $65-85K more than we will pay for it).

It has become increasingly difficult to find underpriced properties in many markets (NY, LA, etc.).

Its capped at 11.5%.