"You can print money, manufacture diamonds, and people are a dime a dozen, but they'll always need land.

Here's how I see this deal:Gross rents: $5,600Operating Expenses: $2,800NOI: $2,800Mortgage ($310K, 30 yr, 7%): $2,062Cash flow: $738 or $184 per unit per month, which is very good.Yes, you could still raise the offer to $300K and be in good shape!

Don't mean to hijack this thread but I think it is relevant.Would anyone buy a note on a Doublewide on land?

I invested in undeveloped land and I did smal land pre developments for owners builders in area of vacation homes in Southern CA mountains.

The land alone would go for 800k+++ if someone like wendy's, bk, etc. wanted it.1/2 ac. lot.

I'm involved in all facets of real estate, from residential, land and commercial brokerage, to real estate land development, new home construction, the occasional renovation and enjoy real estate investing of all sorts, primarily buy and hold large land tracts.

Not to mention the millions of dollars he's cost homeowners, by landing that thing on their roofs.

Well as for the types of deals I'm trying to work on, I'm leaning towards Assignments/Wholesales for starters, but I'd like to find out more about land investing eventually.

Loaded question.What is the current zoning of the land?

He can then deed the property to whatever entity he wants including a land trust.