One popped up in my neighborhood and several people in the neighborhood informed code enforcement and they shut them down.If you and your wife are good with living in a smaller place to pay down your mortgage faster than that seems like a great idea to me.At some point in the future you could always move back into the main house and rent the smaller unit if you ever wanted to.

It seems the general consensus is that the check on the side is illegal so that's definitely good to know.

The problem I’m seeing with my area is that trying to apply the 2% rule seems nearly impossible.

Everything I know tells me to stay away from such a economy-less area (hah), but the other stuff seems like it makes up for it.

I am looking at small multis but it seems mobile homes offer the same benefits with less of the maintenance headaches since folks own their own units. 

"This isn't working out for me, and it seems it's not working for you either.

It seems to me that 3bed/2bath homes are a requirement to to reduce vacancies (buy and hold) and holding costs (flip) in that area, plus the school ratings are decent.

Syndication seems a bit mysterious and advanced for me.

These seems like a perfect reverse 1031 exchange scenario the more I think about it.

Over the past three years this market has seemed to peak out in a lot of the areas that we have previously conducted business.