Yes. It’s not an easy task. You need to have a great market with plenty of buyers. I bought an 80 unit all poh park and sold all the homes off in under a year. Hispanic buyers, older homes with low prices. Run constant fb marketplace ads

@Michael Pansolini I can do that. Straightforward. Same formula Ryan uses with a few market tweaks

I always ask for it but have never gotten a seller to pay for a survey. If you have concerns about lines get it. If your lines aren’t fuzzy and the title company is good then it’s possible it’s not needed.

Normally this is a bad idea if you’re speculating. But it’s indifferent on cash flowing assets. The cash flow should pay the debt and your plan should involve a refi in the near future which could repay the asset secured debt. In general, it is more risky to collateralize an asset to secure another asset. You are risking 2 assets vs one with a cash down payment. The more collateral involved the happier the bank will be but the less happy you will be. But I have sold primary residences, businesses, liquidated 401k accounts all to buy cash flowing parks. All of that was high risk. But “burning the boats” is a force multiplier and has been used by almost every successful person in history at some point.

Evict now. Not paying rent is theft. I evict on average 4-5 toh a year and they’re always shocked when the judge says get the f out. TikTok and Covid still has people acting and thinking stupid

No warranties past close. It’s unrealistic on these properties. This isn’t a house. If title is good and insured, the rest is on the buyer to inspect thoroughly. As is is the norm. I would not accept anything else as a seller and I expect that as a buyer as well