Flipping little mobiles in parks by carrying the financing, building capital to purchase vanilla rental houses.Househacking and BRRR ing are under the LTR umbrella. 

F Street Investments - Hard Money Lender

I def know some folks brrrr ing in Houston.

Quote from @Richard F.: What the landscaper "wants to pay", or not, is irrelevant.Exactly!

For large projects, like roofs, or GC-ing, I've checked for insurance. 

@Bill F.

Quote from @Richard F.: First of all, you should closely examine your State's RE licensing laws.

Price is $275K, he won't carry anything back45 spaces12 lot rent28 park owned (would sell those to tenants on owner financing/rent to own to get to lot rent)5 Vacantpark homes rent currently $400-425lot rent currently $125- I think market is 175-200, but not many parks around so has been hard to get numbers3 bed houses rent in nearest large(ish) city of Florence SC (30 mins away) rent for $800-900city water and sewersmall park footprint wise, just 2 roads- 1 paved 1 dirt- and all houses in the middle of it, very small footprint, tight parkArea:Marion SC, super small town, but is 10 min from super walmart, 30 min from Florence, that is the nearest MSA (technically Marion is not in one)Marion small, slowly dying town; Florence growing, solid city/townFlorence metro good growth since 2000, like 17%, low unemployment, everything looks solid there.Numbers:I am pro forma-ing it at $150/space lot rent, 40 spaces, $6K/mo, after 45% to expenses is $3,300/mo net/mo... which is $39,600 net/year14.4 cap on property pro forma12 cap on property based on 125/mo lot rent at 40 spaces.

@Richard F.

http://get.biggerpockets.com/f...thanks in advance