@Andriy Boychuk the only people I personally know of who have bought parks at auction were a large fund and even then I think it was a NPN auction and they picked up a portfolio loan that had a few parks. 1.

Chances are it will be a captive QI meaning a large national QI owned by the title company underwriter. 

Mtg brokers or independent direct lenders have less “overlays” than large national banks.

When it will be, and how large it will be, nobody really knows. 

@Melanie SiegelI think it’s great that you have found a large multi that you can invest in.

I've saved up a good amount of money in my very short career but I've also recently been willed a large sum of money from a very generous grandparent who recently passed (RIP Gpa).

Leveraging your expertise, I'd like to understand how you approach the situation I'm about to describe.Long Term Goal: Build RE portfolios using a buy-and-hold strategy by building up 40 units in the next 6 years.Situation: Small family owns their first single-family home which was purchased 2 years ago.Purchase Price: $320,000 (FHA, minimum down)Oustanding Balance: $300,000Appraised Value: $370,000 Mortgage: $1,950Est Rental: $2,300 (no expenses considered)Considerations:The basement may have been finished without permits, professional plumber, or electricianThe yard is large and potentially hard to maintainAn additional $2,000 is needed to prepare for rental or $10,000 in renovations before selling Therefore: What would you do as a starting investor in order to reach the goal stated?

Look for large capex issues that could be a deal breaker (or negotiating point). 

Hello community,I have a large detached garage at our rental property.  

She owns a lovely large home in the down town area, that is zoned for a duplex.