With only a 200 per month to play with in terms of a loan, it's not likely that will get enough loan to pay cash for another property, but if you can increase your cash flow by another 200 bucks a month after all expenses, then perhaps taking on another mort payment would be worth it.

Now of course if you want something custom built, and all that, then yes you are going to be increasing your cost, but what I like about these modular homes is that you can "customize" it to an extent.

Many owners use this option, but we also handle many resales, since several owners are also happy to cash out at post-construction prices when the property values have increased by 30-40%, which is exactly what happens with the vacation resort properties.If you have clients who are interested in this kind of investment, then you really do need to try to locate the pre-construction deals that are out there to offer them.

You can't force someone to be motivated, however time always increases motivation.

Proven capacity for fulfilling increasing responsibility and accountability.

The deals have to be out there... but the problem I've run into is that the rents are very low in my area.That being the case, is it a bad idea to look at foreclosures as a way to increase my margins, thus accommodating for the low rents?

But I see what you are saying on the misc. charges that we will have to consider for the current townhome... like umbrella insurance, LLC (for asset protection), utilities, vacancy backup, etc. those would ideally increase the monthly expense by about $300 (or probably more).Seems like a TRICKY situation for us, I guess....

I'm just now starting to see increasing numbers of stories about how (formerly) middle class people are having to sell important possessions on ebay and craigslist.

Other items increase or reduce your basis, too, so it could be all over the place.

And hey, if you'd like to bring up some legal issues that would be great, too, because hey - LLs are increasingly becoming 'targets' (ha ha) in more ways than one.