I'm leaning more to renting out because we're already working on paying off the mobile home we live in currently.

But I've read that one might need the services of a licensed loan originator to legally sell a home - mobile or not - with owner financing.

UNLESS you can scale it big time by big time I mean 10 to start with a goal of 100 plus units.. the 300 a month you talk about over time in reality is never that.. but lets say its 150 which could be realistic once you have cycled through mechanicals and other things that pop up... 10 houses gets you a whopping 1500 a month.. most folks blow that before they even know they made it... one needs a method to get to something in the 10 to 30k a month cash flow game..and in 30k rentals with no leverage ( normally maybe you have this magic lender) that requires a boat load of cash. and with that amount of cash there are far better things to invest in than 30k rentals out of state.

Can someone go into a little detail about how exactly a JV agreement looks/works (specifically for rehab/buy-fix-sell)? I'm familiar with the concepts, but I specifically mean how is the bank account setup? What type ...

Just curious as what would be the better option here:1) get a personal loan that would pay for the land and the mobile home or2) get two separate loans one for the land and one for the mobile home?

I was reading their "Mobile Home Park 10/20 Investment Sysytem" book and it is a part of Dave Reynolds direct mail strategy.

I bought a mobile home off of a family member for 21500, did some renovations to it and am currently renting it for 1200+utilities.

Mobile Homes?

(I know, because a local mechanic here kept ripping off servicemen, eventually, the base banned anyone from using him, and I believe he was broke within 6 months.)

I had researched the property myself at the court house and met the seller at the parking lot of the bank, with a mobile notary.