Low costs....needs some TLC but it wont be long bedire it turns into a Delray Beach, they are already developing.....

Were looking to refi for funds to move closer to elderly parents and rent both houses and don't wanna do upgrades if wont matter since we live in a 1997 double wide mobile home with 1/2 acre and another 1974 mobile in rough shape but habitable (grandkids live in) and its the only mobiles on the street and in the area.

I have made them aware this wont continue to go on the way things have been going and they will be getting the mortgage out of my name and reimbursing me for the money I have put into it by the end of the year or I will hire a lawyer.  

What they wont tell you on the bundle is your specific code.

Im looking to set up 3 duplex from day one to spread the risk, i have 20% deposit but it also appears its not always necessary to put that much downi read the comments about not investing in cheap properties in bad areas, and take heed,.......and then someone posts ........" i dont buy anything that wont pay for itself in 3 years "........and im back to the drawing board !!!

What if a tree fell through the house, or what if it had burned down, or what if the tenants destroyed it. 

They made it out of the park with the home but about a mile down the road the mobile home separated from the truck and they not only flipped the home but destroyed a truck.

I wont bore you with the details about when we sold in 2015, but will say sometimes cash flow is secondary ;) 

It will be the entry level stuff, but it will open doors for you down the line and give you a basis of knowledge you wont get at school. 

On top of that, if your relationship with them ever diminishes, they may take back what money they put into the house, destroying the work they did, and now you're left with an even bigger headache.