I am closing on a 3 bed 2 bath home in Nampa, ID that will be my first flip or BRRRR.

I was thinking about talking with a modular home company and starting a lower middle class mobile home park.

Home Price in 28203: $819,943 (+.6% YOY, +17.2% since 2023)💸 Avg.

Home Price in 28203: $819,943 (+.6% YOY, +17.2% since 2023)💸 Avg.

But even if you hit a home run and grow 30%, that is $7500.

What is the detail of the home?

.- Since you need a key to lock a deadbolt when you leave the premises, tenant's can't lock their key(s) in the home and then pester us to come let them back in.--- Tenants can still lose their keys outside their home:(

I shouldn't assume Fumi that you are female and if you are, you have to be even more cautious about having strangers in your home.  

Very few non-owner occupied property policies guarantee full replacement cost - they typically provide replacement cost up to the dwelling limit purchased. 

You can do less than 20% down (as low as 3.5-5%) if you intend to occupy the home for at least a year.2) There will be an HOA (homeowners association) which restricts rentals, so be sure to read the CC&Rs (governing documents) to ensure that your rental strategy is allowed, even if you intend to live there at first, eventually you'll be transitioning it to an investment property, so this will be important.