These can be extremely valuable.

I am concerned about the risks.Thanks in advance,William Kagan

Some may use cap rates on 5-9 units I think it's too small..Also Columbus OH is an extremely competitive market right now.

I think your concerns are worthy.

My approach isn't extremely popular as interest rates do go up, but I'm active duty military leaving for deployment.

@Abraham Anderson, septic shouldn't be a concern if you have enough vacant land to replace a failed leach field.

That discipline when money is tight will be extremely useful when money isn't.

Looking for any thoughts or shared Experiences With Brrrr’ing Properties with run down mobile homes that happen to sit on A+ Lots... for example across the street from Million Dollar Ocean Front PropertIes...to me, it seems like the ideal way to cash flow the purchase of the Lot while it appreciates...but my concern Is rehabbing a 50 year old mobile home and whether I’m setting myself up for endless repair problems...and renter issues?

My biggest concern is not being within driving distance to a property and not being able to take care of problems if I need to be there.

(After accounting for other expenses: utilities, appliance, extremes I am looking at a total of about $1,020/ Mo.).