Attached onto the building is also a 3 bay car wash.

It doesn't mean they CAN'T appreciate - the only thing keeping a manufactured home that is permanently affixed to owned land from appreciating, from what I can tell, is the general stigma surrounding manufactured homes caused by poor quality builds from the 1970s - 1980s and the misconception that ALL manufactured homes depreciate because of those that are not permanently attached to land.

The market rent puts all three together at approximately $2900 monthly.Costs behind the acquisition:Property taxes: $5000 yearlyInsurance estimate for all three: $3,300 yearlyC-class properties (not best location, their condition is about average - older properties)Purchase price: $250,000k$15k down and $235k seller financed at 6% interest for 30 years. 5-year PPP.

I'm still building my sunny day reserves.

There's ways to negotiate earn outs, build in soft costs etc. to help recoup the majority of your capital without the need to spend the time or expense on a refinance.

Builders not building enough and older homeowners not selling means supply is constrained.

Investment Info:

Single-family residence other investment.

Purchase price: $352,000

Cash invested: $70,000

This is my second ever new construction development! It is a 2/1 650 square foot DADU on a r...

Each time I go there is a new massive residential building, downtown major renovations, Amazon with 2 mill + sq ft, Shewing Williams new 40 story building being built in the heart of the city and so much more.

I want to purchase out of state for a number of reasons (Landlord/tenant laws, tax purposes, purchase price, cash flow, etc...) 

Look into a w2, wholesaling, flipping or wholetailing to build up capital.