Samuel, I always encourage the buy a duplex and rent out half and live in the other idea.

Hey Donald,I would encourage you (if your family is on board) to seriously look at using your VA loan on the 4-plex.

Thanks everyone for the great advice and encouragement!

Related to experience, do people know who you are, and have you made an impression on someone that would encourage them to support you in your endeavors?

The problems with this method come from the fact that we want tenants to know upfront that they are working toward ownership.A tenant that is working toward ownership will have less turnover on average and take better care of the unit.My proposed solution is a straight lease including something like this:Long Term Tenant Appreciation PlanAfter “X” months of paid rent and adherence to all park rules, mhp MAY, at its sole discretion, transfer the ownership of the rented home to the tenant.Downsides:You would not be able to collect more than market rent.Some tenants may be turned off by the language that does not guarantee them ownership.Pros:The encouragement of long term tenants and ownershipI think this is SAFE compliant.Helps us get to our goal of a park filled with tenant owned homes.Questions:What would be the best way to advertise this?

But that is encouraging that you are still able to find deals on the MLS.

If you don't have someone that see things the way you do and who will actually follow up with you without your encouragement, you are probably trying to light a fire to a dud.

The problem is/was those loans carried incentive to the Mortgagees to encourage the short.

@Dan Costantino great job. keep it up and keep us informed. it's very encourageing.

As a newbie in the business it is encouraging to have investors that have been doing this offer to help you.Thank you,Rose Carfrey