The illiquid nature of real estate investing means a slow sale at high cost.

I live in NJ so housing prices are fairly high.

Don't forget to compare prices and read reviews to ensure you're getting the best deal and quality.

Needs complete rehab ceiling is showing mold in living room and room kitchen cabinets has to be more updated flooring needs redone painting outside and in bathroom needs to be updated the property value is estimated 401k highest 437,090 rent in area I seen 2600 lowest highest being 2750 a contractor roughly estimated told me I’m looking at 134kIf it makes sense ofc I would love to hold and LTR  the sqft is 1214 I see same houses sold ending of last year for high as 450 that was smaller 1,140 sf 

Get a high lease price or profit sharing, due to the extra wear and tear.Make sure they are licensed and insured and local.Get a personal guarantee outside of their LLC name.

I highly recommend 24 hour closing.

In my opinion the value of a mobile home park for an investor is the high monthly amount you can charge residents for using the land/utilities. 

Greeting BP,Curious to hear some general thoughts on how high is to high for home prices.

Thanks in advance This is a very highly revionalized question.

For someone that's not as conservative, or a different view on the cycle, they might have a different opinion than me on all of this.2) Sponsor quality check: (takes about 45 minutes per deal)I believe that a great sponsor can take an average looking deal and make it great, and that in mediocre sponsor can take a fantastic looking deal and make it bad (especially if there is a severe recession).