Happy November! We got two months left to go to end the year strong. I know there has been a lot of folks mentioning that land is hard to come by, I'm struggling with the same thing myself. Don't let that discourage you, and don't talk yourself into a deal just because you're itching to do one (That is mostly me reminding myself that). It's becoming a tougher market, sale prices are ticking down, build costs are going up, and land has either flat lined or also gone up. The biggest lever we can pull with making sure we get a great deal is keeping our cost basis low, so don't budge on your land price This is the time where being creative goes a long way (think the scrape and replace model of buying an old manufactured home and putting a new one on, or finding ways to buy land with seller financing, or subdivide plays). It's also a great time to be building relationships with lenders. Whenever interest rates go up and deals get harder to pencil, the ones who have access to cash (or lines of credit or partners) are the ones who can make the most deals happen. Cash is king in markets like this, so if you don't have cash, build relationships with people who do. Keep making offers, keep underwriting deals, and sharpen your skill set so when the good deals come around, you're ready to pounce. We're seeing anything that pencils get put under contract in hours, not days, so be ready when they come (We underwrote a deal with Juan on last weeks call and within a few hours, he messaged me saying it was already under contract). As always- post your questions, reach out to me with any worries or concerns, and join us on the Thursday Q&A's if you can. The deals will come! I still believe this is one of the best asset classes to be in and we have a lot of growth coming to the manufactured housing space. This is a small bump along the way, but anyone who can stick with it through the tough times will do great when the market swings back in our favor. Still working on the in person meet up, but looks like the plan will be to meet at my subdivision in Louisburg where I have 2 active builds, and then go to a local brewery for an in person portion after. More details to come!

https://www.flexmls.com/share/EnWkc/22281-Airbase-Road,-Laurinburg,-NC-28352 Finally have certificate of occupancy. I'm hoping for a quick sale. Learned a lot. Sean was an amazing mentor. I'm now going to start a project in South Carolina. This is going to need a well and septic. Encouraged by the recent sale of a home $180,000.00. One thousand square feet, small lot, just over 1 acre. Definitely going to place double wide, hopefully around 1400 square feet. If anyone has experience in South Carolina, I would love to talk to you.

What's the smallest lot size you've purchased to place an MFH on?