Take this 💥just-closed renovated property for example💥:With my query of "22757 Charlemont Pl, Woodland Hills, CA 91364 5/4/2400-3050,0.6,300" we get an ARV Estimate that is ~4% off, and I picked this at random just scrolling through recently closed in my areaAnd the Market Stats $/sf of renovated property in that Zip Code matches up pretty well, so I know the ARV estimate is realistic:You can also run Agent Stats to find/get in touch with the real top-agents in that area so you can triple-verify everything and/or list it with them when you are done.

Looking out for suggestions @Kaushik SarkarIf the equity in your properties is your only source for new investing, and the new property you are buying still cash-flow's with the cost of your borrowed money (from your properties), there is no reason to not use it as an investment vehicle.  

It's a more expensive market than the Midwest and the short term cash flow is lower and that is the trade off for being a few hours away in a landlord friendly state.

Hi all, I have had two people reach out claiming they can get $500 cash flow per unit section 8. 

Out of pocket cost to purchase (DP 20%): $135,200Monthly cash flow: $5,400 - $4,000 (mortgage) = $1,400Months to recover only DP: $135,200 / $1,400 = 84.5 It will take you about 8 years to recover your down payment.

i know this is kind of an old thread, but just wanted to add a few things here: 1. yes you will have to go through permitting process. you will also register this as a SFH with the county.2. you will need to contact DMV to deregister this as a mobile home. 3. you will have to make sure you remove the Axel and the wheels  under the home and make preparations to fix the property to the foundation you already have. currently dealing with similar situation in GA, hence researched a bit to find out the process. 

Once you have a short list, get an account with each one and run them through the wringer to see how they really function.

I still hope to work at least part time through this journey, but for now I work full time. 

Cash flow varies unit to unit and seasonally, but is consistently a viable business model. 

Based on some rough calculations, once fully stabilized and running (including property management), I predict the tiny home community to cash flow around $20,000/month and be worth roughly $3.5 million!