Purchase price: $300,000 Cash invested: $40,000 I became aware of a mobile home park that was for sale by owner.

For example, you can deduct mortgage interest, property taxes, operating expenses, depreciation, and sometimes even travel expenses related to property management.

Thank you for the warm welcome!

I will post the before and after pictures, hopefully it can help anyone starting this journey, we are new investing out of state but NOT new to handlining construction project out of state for clients, looking forward to the challenge!!!!

So, at this point, based on your experience can I serve them a Notice to Vacate next if they don't pay or do I start afresh with another Notice to Pay or going for either one (Notice to Pay/Vacate) is my choice?

Thank you for taking the time to reply.

Check out FilePlace, where user-created forms are available for free.

Everyone on here says get a RE agent to work for you and help find/facilitate deals. 

This may potentially require a HELOC or something similar if I don’t have enough cash left for deal #2.

I know lenders typically look for 2 years of tax returns for self-employed income.