you may know this from having a primary residence but even purchasing itself is expensive as you have to pay a bunch of closing costs out of your own pocket.the real benefits from LTRs are all of them together. 

Whether or not they can collect on the judgement is a function of the debtors financial strength, state of residence, what form their assets take, asset “protection” strategies, how far the plaintiff is willing to go and how much they’re willing to spend, etc.  

Not all companies conduct in-person six-month inspections—many now use resident-led apps like zInspector or HappyCo.

Quote from @Jordan Ray: Investment Info:Single-family residence buy & hold investment in Memphis.

If you dont intend to make this your primary residence, you're probably looking at 20% down unless you get seller financing. 

Is this a primary residence you will live in?

First, there are almost no options for permanent financing on a manufactured home (MH) when it won't be a primary residence.

This is a great way to get started to build wealth and doesn't require 25% down (as little as 3.5-5%), you can take advantage of primary residence interest rates, and you gain hands on experience right in your home - no need to drive hours. 

This keeps you compliant and prevents surprises with the IRS.Plan for multi-state filings if applicable: If your property is out-of-state, you may need to file non-resident state tax returns.

I am 60 YO. Living in the East Bay of NorCal. I have paid of the house. I am considering as my first real-estate investment to increase the size off the back of my 1st floor primary residential property ~750SF and add...