However, I have located a potential second investment property I could purchase *after finding my primary residence for me and my family*Deal looks like this:6 2br/ 1.5bath Unit w/ Brick Veneer Two-StoryAsking price: 171,000Income: 2300/monthNOI:13,800CAP: 8%Remarks: Roof 6 yrs old, all units occupied.

I currently work at Traditional Medical Center as a PCT, I have been in the health care field for about 10 Yrs.

Unless 10 yrs in prison doesn't bother you.http://www.businessweek.com/magazine/content/10_26/b4184048309399.htm

I am now ten yrs on from where you are, so I know it can be done by you, where you are, on whatever your income is.

$500 lien x 3 yrs, Insurance X 3 yrs, repairs, quiet title cost $2500 minimum, security system....yeah it is costing more than $500.  

I have been a general contractor for over 20 yrs in Indy and would be glad to estimate any work you may need. 

In CA, the ROI is about 7-8 yrs.

@Jason D.Licensed appraiser over 27 yrs here:1.

Most selling for around $230 psf.Most MH are selling for around $105 psf for an older model and yes that includes a 0.25 acre plot of land.So I'm hoping to do this full time as a replacement income from my forced retirement at age 65, but start part time now.On another note....since I'm over 59.5 yrs old, I believe I can take the money out of my 401K and do a ROBS (rollover business start up) 401K and use those funds to purchase land, MH and improvements. 

I am a seasoned landlord / investor in Rockford, IL, (65 SF Homes and close to 15 yrs experience) but new to BP (about a month).I try to keep up to date and like to attend a seminar every so often and am looking for suggestions from this group.