Plus, by getting involved in fixing up mobile home parks, rather than tearing them down, you will be helping to maintain what little affordable housing our nation has left.

@Matt Cianci I think it is easier to find a market where you can afford a PM than it is to find a workaround.

It is definitley more affordable here.

Look into options to rollover into amortized payback or growth.Offer long term retirement funds that look similar to mortgage amortization schedules.Explore options to donate portions of the interest gained to provide community support to help rehab homes with people who need help, but can’t afford it.Create regularly updated, highly visual progress reports for the various remodel/ renovation projects.

Because anyone who can afford that can easily afford to buy a $257k house.

Well you can speak with your lender to see what you can afford for that payment, make sure you are including taxes, insurance, HOA.

Know how much you can afford.

Hi Ryan,It might help if you were more specific.Such as what you intend to do for deal number 1, buy and hold, flip, etc....How much you think you can afford to buy for deal number 1.How much CASH you have to buy and to operate with once you own it.I think answering these three might get you a more useful response.Good Luck! 

Keep in mind, I've had my eye on the Dallas market for Duplexes for awhile, and this is the only one I've seen in an area where I would actually want to live that I can afford. 

You know how much you can afford so only look at properties under 110% of that (to allow for dealing).