Like San Jose, The area I invest in is expensive but with manufactured homes you can easily meet the 1% rule and cash flow nicely with minimal repairs.

@John WeidnerSince we're overseas and the area we do live in when we're not abroad (DC) is so overpriced, we decided to go with turn-key companies to start, since it streamlines and minimizes a lot of the work.

However, how can I pass the profit to lets say another S Corp with very minimal tax losses.

Rent: 0.6% Purchase priceIf we sell it now, we would make about 30K on top of down payment amount after covering the mortgage, commissions, closing.Our home is in a very good rental market and I expect minimal vacancy rate for several years.

The cost to you will be minimal.

What return on investment would you take in exchange for minimal risk, almost no work, and the (TTT) Tenants, Trash, and Toilets, not your problem?

So we came to the realization, there was no point to offer folks the application document, UNLESS they were serious about it and was ready and willing to make a minimal commitment with the application fee!

However I would like to minimize my risk as much as I could.

It also minimizes a lot of maintenance going forward.

Not as thrilled with offer number 2.I have made two offers when I was lowballing the cash offer due to minimal funds.