It was high rent, low entry point area but within 6 months I dealt with an eviction and electrical issues.

When I worked as an MHP broker, if the park was on a lagoon, I could never find a buyer no matter how low the price got. 

Also, for low value properties, most lenders wont take the risk. 

For example you are putting in low grade laminate and all other listings are putting in high grade vinyl.

A property could be cheap but be located in a low performing market.

A personal liability policy "MAY" extend to one or two rentals but if you are planning on building a portfolio consider the commercial umbrella.Another thing to consider is that the courts frown on carry high personal liability but low business liability when trying to hide behind the vail.

Thus easy to manage and low Capex expenditures.     10.  

Pivoted to a new market for my 3rd property where the entry price is low but revenue is moderate, average listing quality is poor, and occupancy seems steady year-round.

If I ever run low on reserves, I can easily transfer funds from my personal to rental account.

Depending on your credit score in the US and credit trade line history, you could put as low as 25% down.