I have learned a lot over a short period and I am thrilled to have a place where I can network with others, learn, contribute and not feel like I am being scammed viewed as a potential buyer of some kind of product or service.As my post says, I am now officially a real estate investor after purchasing my first 2 properties in the Cleveland area. 

If not just get a renovation plan together with your construction team and go to the Building Dept. in the town the house is in and tell the building/code official of your desire to renovate the home to a safe and livable condition and obtain the building permit applications to start the project once you close.Fannie Mae for me has allowed 7 day inspections although they have never renegotiated a price.

With that being said if you get lucky you can hut the ball farther out of the park with this method, on a ROI basis, then any straight RE play.I am not sure if this helps you, but hopefully it gives you another perspective on your potential deal.Good luck,Arlen

I do the North Side of Chicago and can help you if that is the area you are looking i @Brie Schmidt I work in all of Cook but right now we are looking in the North Riverside, Richton, Bellwood, Melrose Park various areas in Chicago and Bensenville areas. 

I am very interested in mobile home parks and would like to invest in a park.

The statement needs to look professional and "official".

Look forward to seeing you at some more and at the AAPP meetings now that you officially joined the brokerage.Congrats on the deal.  

I doubt repairs are only 2,880 per door with 104 doors.Carpet and paint alone depending on unit sq ft size would eat up 2k a door.I haven't even gotten to  mechanicals or the exterior parking lot, roof, windows, water and sewer laterals, and  a host of other issues depending on when the property was built.You can have big rewards but huge losses if you do not have the experience.  

I hope to expand rapidly but in reality, it has taken 8 years to go from 1 to 18 and now I am buying a trailer park which is adding 11.

In the end we're hoping to have a 4bd, 2ba with a small yard and parking for 4 cars in a very desirable area near a college and public transportation.