One thing I have seemed to notice is because S8 is currently CLOSED to new applicants, the current voucher holders seem more motivated to stay in line.

The upside of the property management salary is that I already have the financing and capital lined up to continue growing over the next 18 months even if i quit the day job.

I have a home equity line of credit for up to $100,000.

If this happens and it's getting to the dead line, some may walk off, this is another issue, but generally with smaller CGs you don't have a history with.

So he has a set amount of money he wants, to bring a buyer for the note into the deal would mean your current note holder would have to take a deeper discount than what is willing to give to you OR you don't get to realize the discount he wishes to issue since his number is likely a bottom line number.

I've not thought about packing the trailers so tightly, but I guess it would be 0.1 acres per trailer which would be similar to a zero lot line for a stick built - so not unreasonable.

I was thinking that the income line for the property would be generated from the following:INCOME1.

I owe $469k on the mort but I also have $170k owing on a 3% credit line that I've been using for other things - but this is part of my argument to sell so I must include it here.

@Mike Hasemann as to depreciation, you still have the infrastructure available: roads, sewer lines, water lines, electric pads, any buildings.

If there is a Realtor, the deposit goes to the listing broker in escrow and forwarded on the date of settlement with certified funds usually carried by the listing agent if they even show up.I'm no techie, but I have not heard of providing funds on line as it would certainly open the door to making such deposit with a credit card and thereby, part of the down payment would then be from borrowed funds which can make financing more difficult.