He designed is first land-lease community while at the University of Illinois over 50 years ago and has dedicated his practice to work in this industry.

They are not the giant they once were but they rate attorney's and list what their areas of practice are. 

(with both options being practically the same price). 

Is it possible this is a practice from the bank to ensure the house is vacant?

Though it can be done and we can make money, I usually steer them in a better direction that would be more conducive to traditional stick-built construction because modular just wasn't economically feasible for that specific project.I hope to talk about some of those reasons it just wouldn't work as well as why I think in most cases, in most new products, in most regions and in most development situations, modular makes sense all day.First I'm going to start with THEORY pros and cons, than later we will get into APPLICATION pros and cons.TheoryPro #1 - Less waste - With conventional, on-site construction, it is practically pre-calculated in the budget that there will be a surplus of material left over.

I've watched this thread for a while and stayed out of it until now, but it is a common business practice of many investors to do wraps.

.·        Ask for resources for RE market research§  Analyze:·        Find and Analyze 2 deals every day off of the MLS for Practice ·       Strategy #2– Provide Military focused rental homeso  Stay current on Military News and Affairs§  Read Hurlbertand Eglin Papers§  Informationon 7th SFG/ New Contract Awards/ Growing Units§  Findinformation on times of year orders drop and people are PCSing.§  Look for ForSale By Owner Listings in Base Papers§  Researchwhat most Military Families are renting ·        Price ·        Type·        Size·        Location/ Length of stay·       Strategy #3– Fundingo  Build a Presentation of an example of a flip to present to lender.o  Have all paperwork together to apply for loan.o  Meet with:§  2 –Community Banks§  2 – SmallCredit Unions§  2 – RegionalBanks §  2- HardMoney Lenders ·       Strategy #4– Marketing/ Direct Mailing Campaigno  After Strategy #1 is completed:§  OrderBusiness Cards§  Choose beststarting location and find a company to do a Direct Mailing Campaign to findmotivated sellers (pre-foreclosure)§  Add a line(flip phone) and voicemail to receive calls from§  Put a scriptin place to follow for incoming calls §  Practicescript§  Have 3 plansunderstood on how to help sellers in multiple situations. ·       Strategy #5- Save $10K as a down payment to purchase an REO/HUD/Homepath o  Go over Budget with Alicia and make a plan to save money for DownPayment:§  Find ways todecrease bills§  Build/sellrestored furniture§  Start FBpage for my furniture§  Garage Sale  Please excuse the formatting, I had to copy and paste from Word.

He can set up your LLC, advise you on the best practices for doing so, and help you figure out how to avoid the pitfalls so many people fall into.Castro & Baker, LLP

Be aware of predatory practices, ensuring the buyer can qualify, that your agreement is not a financing agreement under the tax code or consumer lending laws.

Would wholesalers be able to work with us, or does the financing make it not practical?