With a purchase price of $250k, your rent is WAY too low!

That someone is going to deliver to you, on a silver platter, a property purchase you can simply say "yeah, sure, I'll take that" where you do some paint, carpet, little cleaning and tidying and turn around and clear a $100k? 

I believe that many will be able to purchase a townhome or condo, but not that dream home close to the city. 

Purchase price: $252,000 Cash invested: $63,600First buy and hold.

Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

In short: $4.25M Purchase Price. 15% down. 3.25% with seven years remaining. 

In my area specifically most investment type property listings are properties that were purchased 1 to 2 years ago.

You can purchase them through a local dealer that has a good track record in the community.At this time our cleaners take care of the hot tub, but I will say if you have a certified hot tub company that can come weekly, I would definitely go that route!

On the other hand, with an appraisal near the purchase price, that should be enough in this case.

Have you always invested in owning the parks, or have you purchased some individual mobile homes in parks you haven't owned also?