My investment area is Wilmington, Delaware and I live in southern New Jersey about 100 miles from Patterson.

@Luis De Jesus - Absolutely! 

Would it be ok to buy a MH together with the land even if MH is not de-titled?

If you have to invest in real estate (and at this point I would advise anyone not to) buy a house in a cul-de-sac in a subdivision in a good area with good people.

Purchase price: $500,000 It's a 5/4, in a neighborhood that borders the property of the largest wedding venue in Northern Michigan (Castle Farms).

Also my boyfriend is helping Veterans on Patrol at the Arizona border to search and rescue women and children from being trafficked.

Thank you.This is specific to a Delaware sales contract.

.$700 rent / $20,000 means my properties yield 3.5% on your scale...agreeing with you that dividing $700 by .012 (1.2%) you would be paying $58,333.00 for your target return.I fully agree some folks prefer to hit the $100k cost and $800 monthly rent (0.8%)...I've just made a damned good portfolio getting into the border zones of Toledo...blue collar predominantly rental neighborhoods.

Gregory Lynn Oxley, EsqGregory Lynn Oxley Attorney At Law, P.C.10200 Forest Lake Drive,Great Falls, VA 22066-3609VSB No. 24718703  623 0947Title Insurance Licenses:VA, MD, DC, DE & FL

@De Andre Harris you may want to look at Brandon Turner's book about investing with low or no money down.