It won’t be for everyone.With the help of a CPA and Attorney I believe rules can be set to prevent the Cons and enhance the Pros.

That trend stopped after the 70's but manufactured housing was a major contributor towards creating stable affordable housing.If we want to tackle our housing shortage we need to get serious about it.Here is a quick summary of the HUD changes: HUD Actions for Manufactured Homes and Communities:HUD announces a comprehensive set of actions to increase availability and affordability of manufactured homes.These actions are part of the Biden-Harris Administration's Housing Supply Action Plan.Manufactured housing is a key component in the strategy to boost housing supply and reduce costs.Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Program:HUD launches the PRICE Program, a $225 million competitive grant opportunity.The program aims to preserve and revitalize manufactured housing and communities.Funding supports repairs, rehabilitation, replacement of units, infrastructure upgrades, and community resilience.Available to states, local jurisdictions, tribes, nonprofits, community development finance institutions, and other eligible entities.FHA Draft Policy for Manufactured Home Communities:FHA posts a draft policy to solicit public feedback.The policy aims to promote stability and affordability for individuals and families in existing manufactured home communities.Allows resident-owned cooperatives and mission-oriented borrowers to access FHA-insured financing for purchasing or refinancing.Updates to FHA's Title I Manufactured Home Loan Program:HUD announces updates to FHA's Title I Manufactured Home Loan Program.New methodologies for calculating loan limits to align with current market pricing.Expects the new loan limits to incentivize more lenders to participate and expand program usage by buyers of manufactured housing.Annual Recalculation of Title I Loan Program Limits:FHA will recalculate Title I loan limits annually to keep pace with home price changes over time.This ensures that the loan limits remain aligned with market conditions.Ginnie Mae's Title I Loan Securitization Program:Ginnie Mae takes steps to reinvigorate its Title I Loan Securitization program.Revisions to financial eligibility requirements for Title I Issuers to reduce barriers and increase lender participation.HUD's Ongoing Support for Manufactured Housing:These actions build on HUD's continuous efforts to support manufactured housing.Earlier actions include a proposed rule for the Community Development Block Grant (CDBG) program emphasizing the needs of manufactured housing communities.Recent Updates to CDBG Notice:HUD updated the CDBG in Support of Housing Activities notice to allow the use of funds for acquisition of manufactured housing units, services to homeowners, and investments in infrastructure and resilience for manufactured housing communities.

This is subjective and you need input from a skilled property manager.Enhancements - Enhancements fall into three categories.Required due to market competition.

It’s important to consider your own skills and abilities when deciding which tasks to tackle yourself versus hiring professionals.When working with a general contractor, be sure to communicate your timeline and budget constraints clearly.

@Vik John- thanks .....Lock now and move  on your next tasks  ...depending on the loan amt size , trying to time a dip in rates  really  isnt a big deal ...eg...150K loan at 6.375%  has a Prin and int payment of $936 and for a  6.25% rate this drops to $624  ( 12 per month  difference ) ..this rate is  good for a  30 yr fixed rate  rental  loan ....what is the LTV and the  loan fee/ points tied to this rate ?...

Not a simple task as HDC suggests.

Your time may be better suited doing tasks that generate more money(analyzing deals, networking etc).However, if you are still looking to do your own books, I would watch a couple youtube videos on how the software works and possible look for a chart of accounts that you feel are most relevant to your business.Flippers may require a different chart of accounts than that to a buy and hold investor.

Macroeconomic forecasting is a notoriously complex task, and timing the market may not lead to the best outcomes.Instead of trying to predict interest rates, business cycles, or upcoming recessions, stay the course and continue to carry out your current investment strategy.

Hiring a professional for this task offers several advantages:1.

Staying organized and maintaining open communication can help you manage these tasks effectively.Hope it helps!