I think your PITI estimate in both cases is low.  

One of our MTRs is in an area with extremely low supply that we've had a waiting list for it one summer.

I feel I'm on the low end, but my COC return a year later is roughly 14%.

Although I find competition for what I call investment grade parks is quite keen.. so returns are more in the MF space.. when you venture out east from the west coast or look at low end parks returns are higher but management is quite intense.. as our dealing with some pretty scruffy tenant base.

So, for the crap-talkers & whiners, maybe a little gratitude would be in order.2) There are other rent-a-SoloK-plan providers out there who let you DIY for a pretty low fee.

I'm working with a company who owns a small, 19 unit, senior and low income apartment building.

I've been reading more about subject to and here's what I've learned:-Good for sellers who are off market-Have low to no equity-Have a mortgage with a low interest rate (less than 5%)-Be absentee or out of state (vacant property, or have a tenant)The buyer would then take over the mortgage payments, and have the seller sign the deed over to the buyer.

These two demographics are projected to be long term renters which will help keep vacancy rates low for years to come.In recent years, Pittsburgh has become a tech hub in its own right, attempting to create a dynamic job market similar to Silicon Valley.

You can also try the travelling nurses route, a lot of them are looking for low cost housing when in town. 

If you're wondering if rates are too low, raise them a hair in advertising and see if your number of inquiries drop.