The city is one that’s consistently listed as a top 10 2024 real estate market, the projected cash flow is intriguing ($50,000 - 25% down payment, estimated $7500 annual cash flow), both units are leased until October and December (as a potential new landlord this gives me some security), but I feel hesitant with offering on a century old property.

I feel like this is an absolutely phenomenal deal, too good to be true.

She generally disagrees and feels I'm making a mistake.

*If anyone was willing to quote me a ballpark for the below situation, I'd greatly appreciate it.After Repair Value: $165,000 Purchase Price - $90,000 Renovation Budget - $35,000 Loan: $125,000 (75% LTARV)Zip: 17103*If anyone feels compelled to ask, "if you don't trust him, why lend him money?" 

I feel like there are a lot of tweaks that I need to make to reduce my tax burden.I starting RE investing back in 2018.  

Feel free to reach out to discuss the particulars of the purchase.

Feel free to connect.

Quote from @Darrell Kirby: Sounds like you got quite a bit of solid advice already and are already taking some action, so feel free to ignore my ramblings. 1.

While this option may require permits for the renovation work, it may be a simpler process compared to replacing the entire home.Ultimately, the decision to replace or renovate the mobile home will depend on your budget, timeline, desired level of customization, and future resale value.

Cash flow would likely be a little higher and more marketable for a multi if prospective tenants feel like they have somewhere that’s their own, instead of just living in a room in someone else’s home.