Manufactured HomesThese two words can translate into great returns for very little capital investment.An added feature, there are more quailfied buyers and renters.Another added perk, it is extremely easy to get into, learn, manage, and make a profit.Probably one huge perk, there is much less people competing against you.For example, I owned 20 manufactured homes in a mobile home park.

Jerry, vamp up with purchasing into or to land trusts.

I've been writing offers for clients main in Spokane, Tri-Cities, Snohomish/King County and properties are being absorbed extremely quickly often times with multiple full price offers no finance contingency.

This is largely due to extreme stagnation at my job and a diminishing income.

Here is a story of what actually happened that may give you some insight as to the value of a partnership.My father, an old time real estate investment and development pro, joined a partnership with two other old time real estate investors and developers and an extremely successful salesman.

The youngest child is 5 or 6 so he isn't at extreme risk (under 2 years old).

I definitely will use an accountant for all of this when I get started, I just want to have an understanding instead of blindly trusting a CPA to do all he can to save money for me.Your reply opened a few more questions for me.

It seems to me that areas that have extreme weather conditions has much less potential for investing in mobile homes.

In Massachusetts, I utilize Trusts and then sell off the beneficial interests.

It's probably a land trust, but no matter what type you need verification she has the power to sign for the trust, usually the trustee.