Essentially, BK would search public records for where McDonalds was buying land, filing permits, etc., and then acquire property in the near vicinity.

Obtain your first investment property without the costs of an extra sale OR an extra purchase - just repurpose the house you're moving out of!

I'll just catch an extra fish off the back of my boat today, between martinis. 

Nobody wants a POS mobile built in 1951 that needs an extra $5k in capital repairs before you can rent it out, but obviously a 2005 DW that's at least B condition isn't something I would necessarily stray away from.My question is for all the park investors out there: do you prefer a larger number of park-owned homes or tenant-owned homes?

I've heard people say not to go with the big companies for mortgages but with a rate like this and no extra points or fee's, I don't know why I'd go elsewhere.

I closed on the deal once the occupany permits were given by the city.For new construction, if you are looking to finance, you would need to wait until it is stabilized (rented at 80+% occupany for 3 months I beleive). 

3 w/ permit.

I’d like the extra income to help us either pay off the property faster or save up for the next house.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

In Silicon Valley, which is a boom and bust economy, once the foundation is poured, the city cannot revoke the building permit (which they reserve the right to do if nothing is built).