I would say that the $8k will be your reserve fund for the current rental, to get another you are probably looking at 20-25% down so you will need to save up quite a bit before purchasing another. unless you wanted to 1031 exchange your vacant land which may or may not be making any income currently.

I am approaching this casually at the moment, but it seems that the number of multi-family homes in the Phoenix and surrounding areas are very limited -- I guess it's a difference of culture or the fact that land is so cheap in the southwest that there isn't much demand for a duplex/triplex/4-plex.At any rate, I'd like to hear from anyone who has invested in this region.

HI All - I'm looking to understand how new mobile homes affect the land value of an MHP.

Have a rental in Panama City FL, picked up a lot on MS tax forfeited lands.

This is a combination lease, land contract, and take advantage of the seller/landlord offer from them. 

I’ve even thought about buying the land and developing a street with duplexes or 4-plexes on it. 

The "trust the process" issue comes up much more often for us in the context of a seller who has to go to an embassy / consulate / attorney in a foreign land, get the deed, etc. executed, authenticated and then go one step further to have the capacity of the official who authenticated the doc verified as well. 

Hi, I'm in a sort of weird situation with a land contract I'm trying to complete.

The owner doesn't want to sell the land, they just want to sell the home, she wants it removed from the land so she can built another home.

Good news is we still have Texas veterans land board loans available.