Even pre-fabricated homes (â€mobile homesâ€) are included.In effect, this bill prevents you from selling your home without the permission of the EPA administrator.To get this permission, you will have to have the energy efficiency of your home measured.

(Still have to turn deals to make money)Long term - Buy rental properties and Mobile Home Parks and have a management company manage them leaving me with passive/residual income while I'm at the beach, on a boat, or on vacation!

To clarify: I, as do most others, do not consider small multi-family, single box storefronts, and mobile home parks as commercial.

http://s263.photobucket.com/albums/ii132/bigbadjonv/Mobile%20Home/ A home in my area I was looking at, any comments on repairs I may have missed are appreciated. 1999 16 x 80 3 bed 2 bath. 1.

When renting out always put reserves aside for paint,carpet,mechanicals etc.The biggest mistake I see is counting on the full rent money and then getting in trouble when other expenses occur suddenly.It's just like businesses.

I believe it is like a mechanic's lien, except for work done on a boat, ship, etc.

The level of management needed will depend on the age of the property and what type of repairs have been completed along the way.If you buy a property with deferred maintenance getting it turned around the first 6 months will take a ton of time.A manager should be compensated for the extra work in that case.A 10% fee simply will not cover or make worthwhile all the work involved.There will be eviction,court dates,trash outs,re-conditioning,advertising,tenant apps with criminal and credit check,ongoing repairs with tenants that are staying,etc.For all of you that want to manage other people's properties you need to check with your state's real estate commission.In many states including mine you will have to hold a license with a brokerage or be a broker.Some exceptions is if you are an employee of the company etc.I think often times investors have a high expectancy of PM work.Simply it's like owning a restaurant and having an 8 hr worker.To expect that worker to be just as excited and diligent about the business when they get nothing but a small check is a pipe dream.If I pay 100 for a steak then I demand service.If I go through the drive in at Taco Bell I expect the food to be correct and nothing else.Managing 100 properties yourself without help is the exception and not the rule.This is based on my experience dealing with apartment owners.One had about 210 units over 10 buildings all within a few miles of each other.Vintage stock and unit mix was all different ages.They ran it themselves BUT had a full time leasing manager,bookkeeper,and about 3 maintenance guys.There is no way without the help they could run them selves.I have seen basically one person locally could handle up to about a 20 to 30 unit by themselves.After that it becomes really difficult.Many investors buying in this range are not purchasing a new building.These are older buildings that need constant upkeep and have problems.Typically the mechanicals,plumbing,electrical all start failing at different intervals.I have a 20 unit and have a live in PM.It lets me focus on my real estate deals and I check in with them every 2 days or so to see how things are going.I don't want to do 10 hr work when I can make hundreds per hour selling real estate for my clients.If you want to invest out of state you could do triple net leases for mail box money.The CAP is about 7 to 8% where I am at right now.If you want higher returns then usually you have to take on more problems and risk.

Mobile Home Madness?

Mari,Be sure you have a mechanism in place to change the rules, and what to do if someone ignores them.

what books would you guys recommend to learn more about investing in, buying, and managing mobile home parks??