Investment Info:

Single-family residence other investment.

Cash invested: $5,000

This is a master lease situation, where we have a lease with the current owner, then lease it out to tenants. Planning on ...

I am a (former) fix and flip investor who just recently finished my first SFR spec build. I will make a decent(but not great) profit, mostly because I did a lot of the work myself. I am a licensed contractor and reall...

A tenant lawyering up shifts the owner's timeline and pain level significantly.

The plan is to install factory-built homes on permanent foundations (titled as real property) and sell them upon completion.High-level details:--> ARV: ~$265K per home (~$530K total)--> Loan request: ~$170K per property (~65% ARV)--> Timeline: ~6 months from install to sale--> Exit: retail sale (MLS)--> First lien on each parcelComps in the same subdivision have recently sold in the $260K–$270K range, and the project is aimed at entry-level housing demand in the Albuquerque commuter market.Traditional construction and MH lenders have mostly passed due to (a) non-owner occupied structure, (b) the manufactured housing classification, or (c) the rural location.  

Once you have NNN or modified gross leases, the financial tracking alone gets complicated — you're not just collecting rent, you're billing estimated CAM monthly, reconciling against actuals at year-end, tracking escalation schedules, and making sure the QB coding is right at the entity level.

Kevin nailed the portfolio-level and practical side of this.

If you can show even 2–3 months of collections at the new levels, that alone can swing value more than people think.Bring your own comps.

I'd love to get a high level understanding of what is leading to success with this model.

We have a concierge-level service business.

There are a lot of variables, not the least of which is the general condition and age of the property; frequency and effectiveness of inspections and any follow-up; the local pool of Vendors and level of relationship with the PM; Standards of the PM and/or Owner.