Really, and BTW, the assumption concerning the use of data is not totally correct.

I welcome everyone to poke holes in my ideas/assumptions/situation/etc.

So you have to give it time.My tip, play with the BP rental calculator and start with a $1M property value, 10k in rent and very conservative assumptions for rent growth and appreciation.

What is the hold period/debt assumptions?

Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.

Bryan,Just so I have the basic assumptions correct this is a 10 space park with one current park owned home renting for $950 per month and 9 other unoccupied homes each in need of significant repairs- to the tune of 100k in total per the seller's estimate. 

A couple other key assumptions that I would advise "kicking the tires on" before moving forward:1.

But for simiplicity’s sake I bid/buy based on market rate assumptions. 

Complete proforma with assumptions for all income and expenses. 

Being on a fixed SS income, she may have more rights than you realize.Raising rents isn't going to do much good because it isn't like she can pay more (this is assumption, she could be a millionaire living below her means for all we know).Raising rents or having her leave, you are going to look like the bad guy.