I have been following the Cleveland market for quite a while and now getting ready to take a trip to the area to take a look and hopefully close a deal.

I like the ease of installation for mobile home, just plug it in and you are ready to go.

Of course after the property is ready to rent it will have some equity to pull out and then the rental income.  

Good afternoon BP,I have a few friends that are looking to begin their journey into real estate and are having some of the excitement and anticipation I (and many of you) had when we became ready to start. 

.,) make ready costs (frequently $500-$5,000), mortgage, insurance, taxes, and tenant placement fee.Every case is different.

We doubled the income ready for the next one.

I know investors who do well with it but you better be ready because its management intense. 

And I am not ready to venture into MFH yet.

@Skyler MartinsonMy property so far has had negative cash flow.I had a four month vacancy last year, it took about a month to get contractors into the house to get it rent ready (just fresh paint and minor fixes), another month to get it actually listed on the usual websites where people look for rental properties and then it took the remaining two months to get the property approved by HUD.

These are people who share motivational characteristics of people ready to sell, but haven't yet done all the work they think they need to list property.