Location and condition of properties is critical.

I don't mean to sound critical, but if you can't figure out what a place needs to get it into shape to sell or rent, then you can't figure out how much that might cost.

Any critique, constructive criticism and advice is greatly appreciated. 

If this is a full time career, then work at least 8 hrs. a day at it and become productive become critical of your performance and you will improve, and keep picking peoples brains until it works for you.

The one thing to understand I think that is mission critical is that Memphis is NOT a capital growth city.

Congrats.I hope you made the offer through the other agent for helping you out.It goes to show working with the right brokers/agents is critical to accomplishing your goals and getting the right information.

Your net worth will become immediately higher than many, many Americans who have been slugging it out in their 9 to 5 jobs for several years. 3) @Chris Masons  brings up a critical point => build wealth through diversification, unless you become so incredible at doing one thing and one thing only.

Thanks for the kind words, David...And you're exactly right -- being able to speak the language that contractors speak and understanding how they view the job is critical to getting good prices. 

1st time analyzing mobile home park and would like some critical review from anyone that’s experienced with this type of investment…Nine (9) unit mobile home park (seller owns mobile homes) located in the Charlotte NC area.Seller asking $379,000 (seller has agreed to carry $265,930 at 4.5% with 5 year balloon) 4 acre country setting – property is in very good condition.

There are more.The most concerning issue is that my handy man I have been using for several years now got pneumonia and is now in critical care.