There is a park manager that would live on-site to maintain the park and is willing to stay on and help expansion if necessary.Half of our team is not sure that we should purchase since it is in a small city with little plan for growth.

Probably a good one to stay away from.

@Tony MarcelleYeah, I would definitely stay away from Class D neighborhoods, at least as a first investment.

The things I like most:*Low entry cost*Management wants to stay in place and by your words is solid... these types of properties definitely take a special touch*I think there will always be demand for this type of housing... because it is dirt cheap*Most CapEx done... major updates/renovations on the horizon would kill this deal, IMOGood luck!

It's a condition of our agreements with them that they stay enrolled with @Paul Ritter & MyCreditTeam.com in their credit enhancement. 

That could be a great way to find and stay engaged with local investors, realtors and opportunities. http://www.biggerpockets.com/alertsYou can also search for other investors or brokers in your market and follow their journey on Bigger Pockets here: https://www.biggerpockets.com/search/usersAnd of course, be sure to subscribe to the podcast - so much great info there and always full of inspiration.

I am not comfortable with them staying in the home, even if they stay in the addition part of the home and don't go in the damaged part. 

But, sometimes the issues needed to be dealt with might prevent some types of financing, so the Escrow method is one way to stay on track.This also assumes, of course, the lender agrees to it.

I know this is one of his first flips as a lead contractor, and I want to stay positive with him because I believe this is the best form of motivation, but we also have a deadline and need to have it completed by then.Best,Matt

Our goal is to get our first home and stay mortgage payment free while learning to manage properties for the first time, then to take that experience and invest in the more lucrative out of state areas.