Importantly, the LOI isn't legally binding but serves as a preliminary document outlining your interest, potential purchase price, and contingencies, allowing for negotiation before finalizing a purchase agreement.

Feel free to reach out if you have any specific househacking questions! 

This process is quite specific and must be adhered to with strict guidelines, including timelines and the nature of the property being purchased.Another method is the lazy 1031 exchange which is banking passive losses on your 8582 FORM from depreciation on other parts of your grouped portfolio such as several other real estate syndications.

Kind of a rookie question but is there a site or a universal formula to estimate insurance when analyzing deals other than contacting a insurance agent in the specific market? 

@Cordell Martin I appreciate the insight on some of the legality aspects of buying and selling mobile homes.

For future reference, since the way you did it here the legality isn't fully clear to me (i.e. is this an eviction?

This could be on specific times and days of the week. 

I also chose the "wired' camera version, specifically because I didn't want to be changing out batteries or charging the cameras every so often.  

If you just do wholesaling, you would be very limited to a very specific type of deal; that is the distressed seller who is willing to sell for cash in 48 hours at 75% of retail. 

- Any specific area you would recommend or not recommend?