The existing mortgage is still in my personal name, which I’m not thrilled about in the long term. 

That’s a mistake.Some of the strongest long-term investment opportunities exist in surrounding Lackawanna County municipalities, including (but not limited to):📍 High-Performing Submarkets to WatchDunmore – strong rents, stable demand, lower volatilityDickson City – excellent tenant pool, solid resale strengthJessup – lower expenses, improving housing stockOlyphant – strong rent-to-price ratios, long-term upsideBlakely / Archbald – less government friction, durable tenancyThese areas often offer:lower operating expensesless regulatory involvementcomparable rentslonger-term tenant stabilityFor portfolio investors, they are often the real goldmine.Why Strategy Matters More Than EverIn today’s Scranton market, success comes down to:precise acquisition pricingunderstanding micro-marketsrenovation strategy aligned with appraisal realitypricing for exposure or value — intentionallyThe days of guessing are gone.At the End of the Day:I don’t believe in cookie-cutter investment advice.Every investor is different.Every deal is different.Every risk tolerance is different.Sometimes the right move is:pricing aggressively for exposuremoving fastcapturing clean, predictable returnsOther times, the strategy is:identifying the next income tieroutlining exactly where renovations create outsized returnsproviding a step-by-step roadmap to break into a higher valuation bandAnd sometimes, speed is the catalyst — and we price and bid accordingly.

Hey BP community,
I’ve spent the better part of a decade working with a client whose background is in acquisitions and analysis for some of the larger funds in the country. We’ve been talking lately about the Birming...

there is no percentage that will work with the large rent variances that exist between the various markets.  

The “Power of 10” is a framework, not a mandate.Not everyone should buy 10 properties.Not everyone can.Not everyone wants to.But for someone committed to long-term buy-and-hold, who buys good assets in markets they understand, spreads purchases over many years, and manages risk appropriately, 10 quality properties is absolutely achievable — and more than enough to change a family’s financial trajectory.I respect your view, and I think there’s truth in both perspectives.

They’re coming in roughly 30% higher than existing stock, with no utilities included beyond trash.

That’s specific to me because I have the background to develop it in controlled phases without overextending.On buying an existing park, I think a lot of “successful” campgrounds only look successful on the surface. 

So my running joke is that I pay myself with money that the IRS says doesn’t even exist.

I wanted to briefly re-introduce myself (I’m committing to get more active in BP again!) 

If the General Partner commits fraud, the "bad boy" carve-outs in the loan would allow Freddie and Fannie to go after the KPs for any amounts lost.