Originally posted by @Mark Brogan:@Jay Hinrichs, funny that you mention cities don’t like parks because of the ghettos and trash with the way people live, every city I hv ever visited people live like pigs not to mention living in tents on the streets, maybe they should consider embracing mobile home parks instead of hating on them, they are the last affordable housing in this country ON the west coast this is starting to happen i bought a park in Eugene Oregon and that is exactly what the planner told me.. they would not approve new ones but they considered existing affordable housing but they WANTED THEM CLEANED UP..  

But doesn't hurt to get sold comps first before committing to anything with the tenant either.

Are there existing networking events that you're plugged into and enjoy?

Cashflow doesn't exist without substantial down payments.

Because people ask.) but my ROI is 47.083% (not including appreciation) and you can tack on 340.981% additional ROI (calculated after assumed selling costs.) in appreciation   Only one of my properties has infinite COC (it ws purchased with 2x loans on existing properties.)

I was wondering what the environment is like these days with finding off market deals and foreclosures (non existent because of eviction moratoriums??)

Generally how much buffer time a landlord needs after an existing tenant moves out and before a new tenant moves in? 

My only problem here is the 300k in mortgage payments burning a hole in my pocket before I have a property locked up, which we know in this market, it is very competitive and who knows how long it could take to find the right commercial investment.I'm wondering if any of you have any 'out side of the box' suggestion on how to finagle this HELOC cash as a down payment without first committing to the locked in 30 year FIXED mortgages? 

Not sure if that specific program still exists but it came about due to Covid-19.

This leads to either an added level of financial commitment (no one has ever back out after paying this fee) or before paying the money they'll usually bring up something proactively that will show up on their report and you can discuss it then.