There are a LOT of operators that are scrambling at the moment, and dont come close to our buy-box, however I do invest with 3 larger operators (BAM is one of them), and overall I still believe their underwriting is sound and viable.Im not at liberty to discuss details, however I see some good things on the horizon with this group.

I have heard of some larger groups adding 5-10 per month to rent to cover insurance .

For larger repairs, especially anything above $500–$1,000, it’s smart to require owner approval.

We decided to rework the floor plan to make the primary larger with a walk-in closet and a larger bathroom.

The comps it used was for properties approximately 100 square larger.

Wheel Estates is a manufactured/mobile home community located in Villa Ridge, MO 63089.

Can you share what you learned works well and what to avoid in buying 10,000+ homes?

You can calculate (ballpark) from the number of showings how much your price is off based on larger data sets.

Properties here are still affordable, with many single-family homes in the $120–180K range that hit the 1% rule and generate positive cash flow right away, so you don’t have to worry about covering the mortgage out of pocket.

I realize that is another revenue stream, but that seems like that would take your focus away from the larger paydays.