In my opinion they are a social and economic night mare.

But then you add to that a component of a conversion of investment to primary to further shelter huge depreciation losses!  

I do have the option to start receiving my social security next year.

For as long as I can remember, there have been issues with shifty tenants failing to pay rent, random components of the homes breaking on a regular basis, which is accompanied by a sense of unease.There is also the undeniable truth that mobile homes quickly depreciate, offsetting any positive cashflow over the course of the home's lifespan, when in another 15 years I have to purchase another mobile home to replace the decrepit replacement.

Step 2: get involved in the real estate investing community Step 3: learn as much as you can from those around you, podcasts, booksStep 4: start perusing Craigslist/social media for “we buy houses” ads and collecting their information for a possible buyer list.

Is it best to slowly inch up the rent and eventually get to FMV or to give 60 days. notice of a rent increase to $1250 where she will most likely not be able to pay it (she’s on Social Security)?

I definitely suggest social media sites like NextDoor or Facebook groups where you can directly connect with local homeowners for referrals.

, social distance, and get under the hood…Consumer Price Index.

But no debt is a nice feeling and gives one a very secure base.Plus depending on what your doing in your real estate career  bankers love those kind of balance sheets that are heavy to equity and light on max debt.. but i get the debt component its mandatory for many and in many scenerios..  

Your social proof is great for creating connections and for verification, but you also can bolster it by trying to start some local first-time buyer Zooms or something like that.