This is not to say your A-type property will never get a bad tenant who trashes the place just before the sheriff throws them out.Remember to do regular inspections at the property you own, take photos and make notes. 

I'm planning on slipping a note into the owner's mailbox to see how I can help him out with the ultimate goal of getting the deed from him. 

Good luck in your hunt.Marc,I noted you are from PA which will serve as a good comparison as that is where I am as well.

To answer your question, 93% is a good indicator of the number of accounts that should be current and in good standing.Please note that Minico puts out a guide to underwriting self storage every year with industry norms across the nation on all of the expense categories.I hope this helps.

My insurance company noted they do not specialize in coverage for buildings in the renovation process.

There is only one reason to buy with lease option over Sub2 or purchase money note:  The deal is so skinny, you want the right to stop paying rent at end of a short term.

close the deal and payoff the note or reinstatement

While I'm checking up on the trailer , the onsite park Realtor asks me about listing it, notes it doesn't have stickers and educates me about retiring VIN so you can sell as real property and since mine was this or that it was retired, making me feel grateful I was good on this new VIN information.Now on the market, got me a buyer, fast cash closing and title company says the VIN wasn't retired after all, still in original owner name since 2006, and I don't freaking own the mobile home.So thought I'd share my story with you while I consider my options.  

This is the rate of notes that go into foreclosure.

A better way in my opinion is a promissory note secured by the property and title transferred to you.