Paying of debt has the same effect to you net worth and long term wealth as investing at the same interest rate.

This is my first time doing this so I want to go about doing it more cost effective and do them myself instead of paying for them to be done.

You only need two things... a good, cost effective Contractor... and a good exit strategy.The exit strategy can be self-marketing, developing a relationship with a Realtor... whatever it takes to turn the property.

I've seen others have hand-written the message (probably copied after the 1st) with a business card - not sure if that's more effective or not. 

Can I put on an addition by laying down a foundation, rolling in a mobile home, and permanently installing it with perhaps a carport or deck connecting the two structures effectively "combining" them. is this just crazy?

It seems to me that if you are "funded", then you have effectively already closed the deal and bought the property. 

The 1% rule went into effect at the end of last year (2015), so that may have something to do with it as well.Best,Sean

All of this case law could be applied (at the Federal level) in considering what constitutes an unacceptable delinquency rate for loans made on primary residences if the courts agree.Any operator, no matter how small, should be prepared to defend their delinquency rates, and to work smarter and more effectively at decreasing them.

There are way more investments out there that can generate and compound money more effectively.

I can give a second look at it if you want, I have my own crew and system that can go in and out apt cost effectively we manage 600+ units all over the city so i can give you good idea of rent comps.