It's always easiest in invest in your own "backyard" especially during beginning stages.

I like to see about 75% of our money working at any given time, and we also have the benefit of receiving some income from activities that don't require any cash outlay -- like staging for other investors, credit partner, etc.

And on his site, the "knowingly take advantage" phrase can be construed by the REC (NC at least) as any broker making money in excess of a commission on a transaction.

If the property is so bad that "it should be condemned", the other buyer won't be getting financing anyway - A single hole in the drywall, a single stolen light fixture, or even excessively "dirty" carpet will prevent a loan these days - just wait a couple of weeks for the deal to implode and re-submit your offer...

The lender will only count that amount paid in excess of that fair market rental amount.

Call the local sales managers and tell them you'll take any extra appliances off their hands.Model homes are a great place to get staging furniture too.

Btw, just to give everyone an idea of the type of partners I've met on BP, here's a short list: I've found a partner and now good friend who I've worked with on probably 25 deals in different capacities (partnering, lending, listing, buying, staging, etc) I found a partner and now good friend that taught me how to build new construction and who I've started building spec homes with I found an out-of-state partner that I've done nearly 20 deals with I've purchased deals from 4 different BP members I've sold deals to at least 3 different BP membersI've borrowed money from 3 BP members I've loaned money to 2 BP members I've found two people who I've mentored I found a GC who has worked on about a dozen projects for me I found a partner that I'm hoping to start building spec homes with in the near futureI've found a partner (@Joshua Dorkin ) who has published two of my booksAnd that doesn't include the dozens of people I've met, keep in contact with, and will likely partner with in some capacity in the years to come (I hope!)...

I am from NYC and am a good 9 hours away. these companies claim to have fully turnkey rentals in a stable market. i am in the beginning stages of researching this company.

A MH has to be worth in excess of moving costs to make it worth moving, but the bigger point is that this kind of expense would be financially fatal for many MH owners.

Some real estate market will require more rentals than others.The last thing I would want to do at this stage is tie up all of my cash in my real estate.