In syracsue since the houses are mostly 80 - 100 years old I find that maintenace costs eat cash flow the fastest so be careful estimating that number.

Im starting up my management business and Im considering Buildium.Anyone else care to chime in on their experience with it or the others mentioned.

I want an escape clause added:insert in the appropriate place: If the Seller becomes incapacitated or dies, as attested to by her Primary Care Physician, this agreement immediately becomes null and void with no penalty to the Seller, her Executor/successor Trustees/designees/etc, or her heirs or beneficiaries, no compensation to the listing Broker or agentC asked to have it deleted.

Careful with friends.Buy and hold on Lease Options is the game right now.

But if you don`t care about the rate I think it will be very quick but the rate will be 14-17 % for year.

Another good option would be to become a property inspector, except that you really need to have gray hair (IMHO) to gain peoples' trust in that role.

You might have to work with 1 or 10 until you find an agent willing to work with you on a number of deals, but at least they are looking out for your interests during the negotiation.It may not cost you financially from the standpoint of the commission but unless you are very careful with the information you share with that buyer's agent it could still cost you a higher price.

@Ramon Pena Alvarado in addition to what has already been shared above, here are a few more items to consider:Management - if the park is out of state and you choose to use a third party manager (be extremely careful and selective if you make this choice) that will add another layer of expense.  

On the other hand UAE especially Dubai and Abu Dhabi has wealth of different property mortgage products available, real estate investors need to carefully consider payments terms, installment rates and interest rate.

Larry, That would be one method, but would depend on the lender.If the property has not yet been purchased, you could buy it using an LLC, get the commercial loan in the name of the LLC and then transfer the ownership of the LLC, but this would also depend on the specific lender.The best option I see in this situation is to use the land trust.If you do not care about the new buyer knowing what your profit is, why not simply assign the contract to him/her for yoiur spread, and forget about the LLC and land trust?