It’s been an exhilarating journey, and one aspect I’ve found particularly fascinating is the critical role of property management in optimizing investment returns.

I hired an engineering company to provide the following for the Floodway Permit:Topographic SurveyFloor CertificationNo Rise CertificateElevation CertificateThe biggest issue for me was the wait time. 

I have spoken with my attorney about this and he generally feels like I should not use the operating company structure at all.

Half the crew are driving company vehicles and receiving bonuses on top.  

Historically, members had to file, manage, record, and report each LLC separately which meant more paperwork, more cataloging, more expense, and more reporting.

Please do your OWN due diligence, and be wary of any company with the initials NW

To get the underwriting based on solely a new appraisal, you'll need a ton of evidence - enough to convince an underwriter or risk officer who gets to make the call purely on internal company policy and not tied to conventional or govt published guidelines.All this being said, if you're already at a 1.0x with the current appraisal for the loan amount you want, going to 1.1x or 1.25x would only be marginally beneficial unless your lender wants 1.25x for some reason. 1.0x is generally enough to fund for most investors at or below 70-75% LTV.

I am from North Carolina but manage my current rental arbitrage properties in Medellin, Colombia & Rio de Janeiro Brazil.Now, I am looking to start buying real estate - likely in the Raleigh/Durham area of North Carolina where I am from, but also open to new markets.I stretched myself very thin on my arbitrage business, so my cash is very low. 

@Carter Buckingham Definitely check with the park manager and/or owner to see if this can be done there, if you decide to go this route if purchasing mobile homes in a community. 

The biggest change will impact seller finance lenders who will be required to be licensed as a mortgage company once they exceed 3 loans in a consecutive 12 month period and will apply to all entities they use.