The first lender I met with is a 5-4-3-2-1 or 3-2-1 for and additional 3/4 of a point.

They range from 225-399k, 1-2 bedrooms, approximately 550-1400 square feet, taxes are 1000-1600 depending on size, rental income ranges from 35k to 45k, "THE HOA FEE HERE INCLUDES ALL UTILITIES, ELECTRIC, WATER, SEWER, CABLE, TRASH, PEST CONTROL, ELEVATORS, GROUNDS MAINTENANCE, BUILDING EXTERIOR, WI-FI, CABLE, COMMON AREA INSURANCE, & EVEN OWNER-RENTERS INSURANCE" 

PM me if you want more information or have additional questions.  

I would just revise the lease on renewal that water bills are pass thru and considered "additional rent" if you can do that.

The commonality amongst most are small check sizes and the inability to articulate what exactly they invested in.  

You should also hire an attorney to read through all of the contracts and advise you on the additional risks.

What we’ve uncovered is that price reductions are more common at the lower end of the market, while higher-priced sellers are more likely to hold firm," Jake Krimmel, senior economist at Realtor.com, told FOX Business'https://www.foxbusiness.com/real-estate/nearly-1-5-american-..."

I'm also new to MHP investing and wanted to share that The Mobile Home Park Investing podcast by Kevin Bupp and Charles Dehart has been very helpful with gaining knowledge in a wide amount of topics such as market selection, due diligence, common mistakes, and so much more.

A common piece of advice I received was to really put together a good team and find your Core 4 team members.

That said, cash-out refinance through a DSCR or investor-focused product is usually much more straightforward and commonly used by LLCs.Complications: An LLC doesn’t complicate things too much if you’re working with lenders used to investment properties.