Turn key companies get substantial volume discounts on supplies, materials and mechanicals.3.

The mobility of people renting affordable and lower-middle-class housing is also lower, so people will stick around for longer.

I'm embarassed to say that I'm not even completely sure of which state office or agency here in SC would be responsible for enforcement.I am keenly aware of all the controversy, misinterpretation, and lack of consensus when it comes to correctly interpreting the Safe Act, Dodd Frank, and state licensing laws as they pertain to the sale of mobile homes (or any homes) when offering seller financing.Is there anyone here on the forums...maybe a fellow investor in South Carolina that could kindly advise me on where I can go to find out about any state specific exemptions to the SAFE ACT here in SC?

With competing interests of all the members a job that seems simple to your average real estate investor (paint, roof, mechanicals, etc) can become very costly with "experts" (attorneys, engineers, etc).

I am in Mobile.

Averaging out maintenance you need to reserve 0% year 1 (full warranty on house), 2% year 2, 3% year 4, 4% year 5, and 6% years 6 to 10, and 8% past year 10 to cover the deferred maintenance items such as roof, porches, mechanicals, exterior. 

You're going to have to find the property yourself, then learn MF mechanics in deal analyzation simply becuase you need to know what a good MF deal looks like. 

That assumes touching every surface and major upgrades everywhere (e.g. kitchen and bathrooms), but not replacing all mechanicals, roof, electrical, plumbing, etc.If your numbers are accurate you're buying at 84% ARV less repairs, as pointed out by Jeff S Na.  

They claim both to be self-employed in personal assistant/mechanic kind of work.- They offer friends' and family's phone numbers as references; of course, only the best character references.- Here: They say they can prepay 6-7 months rent.So far, sounds like a messy but possible story.  

It is undisputed that the [Rental Dwelling Code] affords no warrant procedure or other mechanism for precompliance review . . . the owners and/or tenants of rental properties in Portsmouth are thus faced with the choice of consenting to the warrantless inspection or facing criminal charges, a result the Supreme Court has expressly disavowed under the Fourth Amendment.”