@Julie McCoyHere in the sprawling matropolis of Mobile Alabama the market for higher end rental properties of say $1,300 per month is for the most part, non-existent.

A little backstory on this property; this house was built in a burn area.

We had a total of $11,000 to put down, 6K is going towards the triplex but there is also a mobile home that I can do seller financing for 5K down and 1K a month for 48 months.

We purchased a used mobile home, had it moved to the site, renovated it, and rented it in September of 2014.  

This past weekend I put out 5 bandit signs(limited mobility or would be more) :). 1 possible lead.

(I also wanted to call out this crook in Houston so fewer people will be burned by him).

Recently graduated, I am Mobile Platforms Software Engineer already looking to make a career advancement into Real Estate investing.I have already found a great mentor that is a contractor and has done a lot of flips, and a real estate agent with just as much experience to work with!

I was talking to him today and he said he will never buy again because he has been burned.

I have sold residential homes on land contract for seller financing but are not for sure if I would do a similar contract for a mobile home for documentation that they  would receive title at the balloon payment and to make sure any repairs are their responsibilities?

Where you can use them, bandit signs will generate a lower cost per call than direct mail, AdWords, or door hangers.One issue - with any outdoor signage including billboards - is you never know who's going to call - so plan on talking to people with no equity, upside down, mobile homes, whatever.