Remember that state laws do vary and if you reside in a state where eviction laws are tougher to decipher or nagivate, by all means hire an attorney.And yes, you can hire an attorney for eviction (or even small claims court), but since court filing fees can cost $300 or $400 and attorney's fees per hour, some folks are intellient enough to figure out the eviction rules for states that do not have tough eviction rules.

This strategy is great.LLC's are a hybrid beast and the way they are taxed varies by organization.

Does this vary by lender?

Especially this time of year, the volume of buyers is going to vary tremendously week-to-week, depending on the timing of schools starting, the timing vacations (which is going to be related to when schools start, etc).We have weekends where there are no showings, and then weekends where we have a dozen showings on the same property -- the difference is not market forces, but timing.In addition, depending on when specifically you listed the property will make a difference.

Expenses, income and return vary greatly depending on the market and the size of the property. 

We can all help each other on these forums to a certain degree but when push comes to shove most of us are not lawyers and we all live in different states where the laws vary...

The question is, and I've seen posed in varying ways, what do you do with all the cash flow, surely you not going to invest it in stocks or gold, right?

Each unit averages to $310/mo. average expenses are: water;300/mo, electric; 356/mo, trash; 185.74/moInsurance; 106.16/moCit sales; varies There are 14 spaces in all, plus a 15th which is larger than the rest. the 15th was bequeathed to them by the previous owner who had built it out and occupies two lot spaces. 11 spaces are occupied and tenants own their own mobiles. 4 for over 15 years, 2 for over 10, 3 for over five, and 2 for over one.

Where we buy- there are several areas that can vary wildly in value from street to street, or even sometimes on the same street.

So it varies.