I know most wont do that but rental income to me is not going to move the needle when your main income is real estate fee's and building homes etc hard to get excited about 200 a month :) 

x 12 months: $7,488With Depreciation (lets take the 30 year, not worry about re-coup costs, and assume the value is all in the building and none in the land) ~3,333, add in the fact that you have a tax shelter (~$3,000) You've effectively made $15,000Pay off in 24 months: Now lets keep the math simple and pay off 1/2 of the remaining mortgage:  69,000 / 2 = $34,500 - $15,000 = -$19,000!

By the time I finally did my first one ( 90 home build and sell project) I made sure we had no debt on the underlying assets and only took debt on to build the homes plus huge reserves..

We've zeroed in on high-potential markets across the Southeast and Midwest, especially in Florida and Ohio, where multifamily, single-family, and industrial properties are flourishing.Here's why our Strategic Fund could be the perfect fit:Proven Track Record: SMARTLAND's team has a knack for finding properties that deliver reliable returns, thanks to years of experience and expertise.Comprehensive Strategy: Our fully integrated model takes care of everything—from acquisition to property management—so you can focus on building your future while we handle the heavy lifting.Innovative Technology: Our proprietary underwriting model and data-driven insights guide us in finding the best investments so your money works smarter.Transparency and Partnership: We invest alongside you and provide detailed reports so you always know how things are going.

I have an office in Old City (Center City) and invest in student rentals (175 student beds).I would be happy to connect with you on a gameplan to build your portfolio and getting pre-approved!

I'm starting to build my network in the US, so feel free to connect, I'd be more than happy to chat! 

And you would continue to cash flow, build more equity, plus reinvest the $20K.  

If the manufacturer delivers a damaged building or if the manufacturer files for bankruptcy you could end up the creek without a paddle.For full disclosure my experience with construction lending on prefab/modular homes is limited to residential 1-4 units so there may be some differences if you are building much larger commercial units

My goal of becoming a broker is two fold:  1) Build a career with high earning potential   2) Use that income paired with the knowledge I would gain to invest. 

I'm a realtor, investor and developer in central Houston ( I build small multi family).