If I am investing off-site, I would be looking around 300.

Hey everyone,I have potential off market deal from a friend of mine.

Heck, I even find joy in it when a squirrel eats a hole through the kitchen ceiling, the fire alarm blasts for no reason, and the tenant's kid secretly turns off the "do not turn off" switch to the heater, necessitating an emergency call to the electrician.Three years after retiring from freelance writing, I'm looking for my next act.

Start off by reading some books like The Hands-Off Investor by Brian Burke and Passive Investing Made Simple by Anthony Vicino and Gino Barbaro.

I might reach out to the lender above that states that he knows of a 2nd lien you can get on a 9 unit property...I'm not aware of anybody doing that either...but that's why we post.  

Talking to residents power has been shut off to the park three times in the last two years while water has been shut off four times- all for non payment by the park. 

To protect the purchaser of the wrap-around mortgage, Texas Senate HB 43:provides for wrap payments to be held in a constructive trust by the seller for the benefit of the buyerestablishes that anyone collecting or receiving a payment from a wrap borrower in connection to a wrap mortgage owes a fiduciary duty to the borrower for the paymentsdiscloses the nature and risks of wrap transactions to buyers and offer consumers the right to rescind transaction/agreement when disclosures are not made timelydefines “wrap mortgage loans” as a residential mortgage loan:made to finance the purchase of residential real estate that will continue to be subject to an unreleased lien that attached to the property before the loan was madesecures debt incurred by a person other than the wrap borrower that was not paid off at the time the loan was madeobligates the wrap borrower to the wrap lender for payment of debt, the principal amount of which includes the outstanding balance of the debt and any remaining amount of the purchase price financed by the wrap lenderclarifies that a wrap mortgage loan may only be closed by an attorney or title companyprevents “house flippers” from registering as financial service providersprohibits a person from making wrap mortgage loans unless the person is licensed or registered to originate or make residential mortgage loansThe new law goes into effect on January 1, 2022.

Honestly with a tenant who is old or disabled they could bust have shut off or lost the phone.

However, after driving around for hours I think there's potential for off-market deals.

some states that require licenses off the top of my head are .