You could potentially put 4 of the 5 into a portfolio, but the one you are estimating to be worth $39k would be left out.

When screening potential tenants, be sure to check for credit history, rental history, and ask for references from previous landlords or roommates.

The answer to your cost problem, can be found in the application of the above list. 

Our policy when we discover an unauthorized occupant is that they must complete a rental application and pay the application fee.

This is a long term investment for me, so I am not concerned with short term, potential market fluctuations as all RE goes up over time.

They get the cost step up basis and now they can sell or even better keep the company going and expanding and potentially have a much more comfortable life The nice thing about RE is you can do it for as long as you want - it's not a physically demanding job.

Hey Christopher, I'd say kipping thorough research on the property, local market and potential tenants.

If you're open to providing feedback or exploring potential partnerships, I'd love to connect.Please feel free to comment or reach out for more details.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

There are several factors to consider when deciding whether to replace the old mobile home with a newer one or renovate the existing one.If you choose to replace the old home with a newer one, some "gotchas" to be aware of include the cost of purchasing a new used mobile home, transportation and installation costs, permits required for the new home, as well as potential landscaping and foundation work needed to accommodate the new home.