@Sara AcordRenovations such as roof replacement, heating and cooling upgrades, and turning a recording studio into an ADU may all increase property value.

So if you build a manufactured house and upgrade everything to 2 x 6 exterior, 16" on center, 2 x 4 interior 2x8 subflooringupgraded to Wind Zone III, trailer hitch wheels removed and set as a permanent structure on n a permanent concrete foundation.

If this were my unit I would upgrade that fan to a 5 blade fan that does not need to be oiled, maybe in black.

May not be able to qualify at this time for conventional financing or the property needs work that they want to upgrade first.2.

A typical turnover can be a month or 2 of vacancy and $2-10k in make-ready costs (cleaning, paint, flooring, appliances, towel racks, vanities, etc. that gets beat up and broken norma wear and tear). 

Broken Bow is another major market I would never consider for this reason, having just visited there. 

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $350,000

Cash invested: $100,000

Sale price: $875,000

Stamford water view single family home on Long Island Sou...

We then spent around $30,000 out of pocket on renovations, including repairing the roof, upgrading the electric panel, installing new HVAC, and putting in a new kitchen.After completing the work, we refinanced with LendingOne using a 30-year fixed-rate DSCR product at around 7%, which resulted in a net cash-out of approximately $15,000.A couple of things to note:I'm out of pocket on this property for around $40,000 ($25k down, $30k rehab, minus $15k recaptured).I'm thrilled with this amount since it's far less than our "normal" 25% down strategy would require based on the higher value.The property appraised for $330,000 after the renovations.The key point for me is that this property is now netting around $800/month in cash flow.

Once you’ve finished renovating, you can switch and rent out the newly upgraded half at a higher rate, then start renovating the other half.Experience and Skill Building: After two years, you'll have a duplex with both halves nicely renovated.

The key is to save a decent amount for that rainy day.If you're buying a newer house with upgrades on the major systems -- roof, furnace, water heater, sewer, and appliances?