There's some good opportunities here in ABQ, but as a resident, you know that location and such is tricky. 

We are huge fans of solar and put it on our primary residence, the numbers make sense for our purpose but I would have a hard time justifying putting it on a rental unless it was a MFH where I, the landlord, payed the electric bill.

Hi all,I'm a non-resident investor and will shortly be buying my first properties in the US (NC in particular).

I kind of fell into my 1st rental as when moving, we were too far underwater to sell my first primary residence.

Just figure it out "As If" you are going to give away the park owned homes for free to the current residents and use ONLY the base lot rent for your calculation. 

I called up a regional bank to inquire, but was told they can't do a HELOC on rental property, only a primary residence or summer home.Is that true for all banks or is it dependent on the bank?

I am asking because I live in Los Angeles, I am planning to start investing in passive income-producing real estate, but I would like to be able to use an FHA loan down the road for my primary residence here in CA.Any help... answers, comments, suggestions... will be highly appreciated.Andrés

Hi Tom,So in your case you are not house hacking to secure the favorable financing that you could get by living in one of the  units and therefore obtaining a purchase money loan for your primary residence since your are buying all-cash.

He assisted me with my refi on my primary residence and now working on a construction loan for a investment property.

Make sure you run the numbers for what new construction residences are going for, and subtract out construction costs, cost to install utilities, developer profit, etc, and you can get an idea of what a developer would pay for the lots.