I have considered MHP investing extensively and always run into the problem that there is no supply in Miami.

Personally, I don't collect security deposits.

In the majority of cases, if the foreclosure is in the first lien position then the subsequent loans secured by the property become unenforceable from a collection standpoint.

. #2 is Property Management - We pay 8% of rent collected and 50% of 1st month rent as a tenant find fee

This common use area was great for us, but now I have huge space that I am not collecting rent on.2.Not properly vetting my property manager.

Typically, until you reach a certain hurdle, you will not be collecting any sort of equity promote.

Collectively, we have 20+ years of experience with RTO and house flips in the Midwest.

I have also been collecting some of the real estate books that have been mentioned a few times on this site as well.Thank you all for your advice.

In a recent house, we found:- Lots of ammunition (sold it in bulk for $500 to a gun collector from Facebook)- Baseball cards (sold 4 cards for total of $200 on eBay)- Large Buck knife collection (sold most of them for $600 on eBay, saved a few)- Several thousand comic books (book value probably $1000-3000, though we haven't sold them yet)-  About two dozen books from the 1800s, in very good condition (likely not worth much, but very cool, and there is one book that has a good story to go with it that might help me to meet Neil deGrasse Tyson)-  An air rifle from the 1870s. 

All monies received have been collected by the LLC and an assignment of the mortgage with buyer has been prepared by us to the LLC but not yet recorded.