It would help make it less nerve-racking the 1st time around.Hypothetical Deal =     160k  ARV  x  0.75 =   120k -   25k repair  =    95k  as a maximum offer  ( Many experienced investors in Texas seems to want a $30k +  profit on rehabs or they won't do it.  

I have been thinking about working under an experienced investor in my local area of CHATTANOOGA, TN this winter.

I know most of the experienced real estate investors have a system in place for what they use over and over for materials during rehabs.

When I retire I will probably be “disabled” for hearing loss after being around jet engines for 27 years and back issues from rucking....there now I’m disabled....that does not make me a better person.

So basically what's being said (@Jay Hinrichs @Joffrey Long @Brian Gibbons @Jim Johnson) is if you're going to sell a mobile home via rent to own OR seller financing where you create and carry the paper, you need an attorney to help you navigate and/or a mortgage loan originator experienced in this area to help as well. 

Those engines last forever, but at that mileage other parts do begin to break so you'd have to manage that, especially depending on the previous owners care.

Hi experienced REIs, I would like to learn what the minimum ROI (assuming cash only) for a SF rental is?

The main issue is that it has been so difficult to find a broker that is experienced in hard money lending.

However, if I worked with someone experienced like @Guillaume D. who hypothetically is very involved locally and was finding deals and had the know-how to flip a profit then theoretically would it even matter if it was Montreal or any other place? 

Most, if not all stated they were able to quit their six figure job as an engineer/doctor/lawyer etc. after 3 years.