You need an operating account fund for unexpected maintenance issues, dips in occupancy, etc., which can be 1% to 5% of the purchase price (depending on the current condition).If you are funding the renovations out-of-pocket, you will need to raise that.

I’ve personally noticed quite a few mobile home parks in my local area and many of them are directly adjacent to (or behind) brand new housing developments.Literally people are building $350-400K homes and their view from the backyard over the fence is a mobile home park.I have been wondering how the park is affecting that new home value (and how it will also affect it in the long run) and vice versa, how will the new development and city/county regulations affect how that mobile home park will do in the future.

Sometimes it will be all you have in the face of things as cruel as finding out that they left their animals behind without food or water when they skipped out, or as malicious as lying about you to everyone in the neighborhood for months, or as painful as discovering that yes, you do need to spring for four thousand bucks of unexpected expenses in January to change out the furnace that went bad at just exactly the wrong time.

Settlement date of the original contract said 9/15.A couple days later we (title company) received a $10 check made out to the seller.On or about 9/1 the  assignor threatened to back out of the deal unless my client closed before 9/5.Please identify the moron in this scenario.do the wholesalers in your area that are getting paid on the HUDS.. actually show up at your office to pick up a check or do you direct deposit for them.. or have a courier hand deliver ???? 

View report*This link comes directly from our calculators, based on information input by the member who posted.This duplex could be my first investment (besides my own home).

If you've been reading up on wholesaling, then you know you can use several strategies to find deals such as direct mail, bandit signs, driving for dollars or searching sites online like For Sale By Owner or Zillow.  

I wonder if somebody can guide me in the right direction.

I can cold call them, but usually helps to know someone directly and shadow first. 

Or is it better to just form an LLC and purchase the properties directly through that? 

I would second @Wayne Brooks about him not being able to pump directly onto your property.