You still need to look at actual expenses and see how the flood insurance impacts the cash flow.

(2) I don't have to know the landlord-tenant law in each state/county I have a rental (3) I don't chase down tenants to collect rents (4) The property manager direct deposits my rental income to my checking account (5) If an eviction is required, the property manager handles it and already has the experience in doing it (6) The property manager updates the rental lease form each year in response to new ordinances that may impact my rental activity

On the other hand, as you can see, the impact of spamming the site, not following the rules (we need to edit or delete your posts), or worse, is severe in terms of your influence points.

That said, this is just an average, and there are a lot of things that will impact that price (size, condition, age, design, etc).Also, remember that you need to find a park that will take the home.

I have recently noticed that my goals to build wealth have been impacting my quality of life more and more.

All make you say I gotta go to work tomorrow, despite its taxing mental and physical impacts...

A cash purchase is great for negotiating a great deal but it also does not impact your credit, which allows you to go and make additional investments in the future using the banks money.Dave

And next time, try changing one element of the post card to test its impact.

You should at least understand the impact of not having to pay taxes...living in the house for at least 2 of the last 5 years (what Uriah was referring to)....if you purchased as an entity and had INTENDED to hold it when you purchased it, your tax rate could be different than if it's just a flip (see Brandon Hall's absolutely outstanding article on differentiating between ordinary income tax and capital gains...)You could always list your property for sale and see if the market likes your house as much as it likes the other house.

Blackstone isn't just a housing investor - and when they decide much larger market trends make sense for them to focus on PE or any other vehicle - they could have major impact on the housing market.