Your attorney can draft all this up pretty easily.

As a result, the so-called 2% rule should be easily met, if not greatly exceeded. 

I've been looking into MH's as a strategy, and I'm trying to figure out if Canadians can do it easily, either in Canada (MH's and MHP's in Canada) or in the US as a Canadian.

When you're dealing with higher priced markets, this can easily drop to the 1-2% range.Lots of details in that generalization, but a $100k house in one area has roughly the same maintenance costs as the same house in a $400k area.  

Cap rates are too easily manipulated and regularly misreported. 

You can easily get a PAYDEX without buying their silly package.

It could easily be converted to produce crops.

As a real estate agent ,I could easily analyze the property value as compared to owed taxes to determine whether or not the property would be worth foreclosed, but foreclosure usually isn't the goal of the investment.I haven't really found any sources of help online that explain the ins and otus.

The seller sold a house they had trouble selling and the buyer of your option and the house instantly gets $50,000 of equity from the house and of course you made your $50,000.In conclusion, as you can clearly see using the Lease Option and Option methods are creative ways that A Real Estate Investor or Entrepreneur can use to easily make money in real estate.

It's very unlikely that you'll have no initial repairs, especially if you want the property to be easily maintained moving forward.Your cash flow numbers aren't bad at all, especially if you get the higher rent.As far as the other properties from the same owner, just call and find out if they want to sell.