If you're self-managing, having a reliable team of cleaners is essential, as a spotless property leads to great reviews and repeat guests.

Expenses are essentially overstated, even though the P&L is correct (when I download transactions from the bank, it allows me to tell which account on the COA I want the credit to post to, but the Expenses screen doesn't update).Journal entries also don't show up on this screen.

Build a Local Team: Reliable contractors and property managers are essential.3.

Having the right team in place is essential for making informed decisions based on solid analysis and expert advice.Good luck!

You also have options like 30 Year Fixed, 30 Year 5/6ARM, 40 Year and Interest only (maximizes cash flow).You are essentially acting as your own bank by using the equity and selecting the best rate/term to benefit cash flow.

Overall Cost-Effectiveness: Is there any real financial benefit to taking this route, or is it essentially the same as just selling?

The 2nd reason to stay away from park owned homes, is that you lose the advantage of the MHP, which is essentially a trapped tenant, because they own their house, and they cannot move it, you have a guaranteed renter. 

By staying inside of my comfort zone i have essentially created a whole other full time job and twice the headache with 1 single rental. 

Here is what I proposed:Setup fees : Administration Setup:One Time Fee: $400Guidebook: Using professional photos give the guests a professional tour of the house and how the home works (Wifi passwords // How to use grill // How to use propane fireplace // Hot tub instructions // Sauna instructions //Check in and check out instructions //where extras may be storedOTA (Online Travel Agency) setups: taking professional photos and actively updating your listing on popular platforms;PMS (Property Management System) Setup Smart Pricing Set upWebsite integrationOther (furniture arrangement / design / décor shopping and set up) $50 per hour· Placement fees · Marketing Cost: Variable depending on needs/wants for marketingFacebook AdsGoogle Ads Cleaners: Set up procedures/take pics of expectations· Management fee—30%Guest communicationCleaner communicationSetting Rental rateDealing with small maintenance issuesBooking CoordinationSmart Lock integrationKeeping supplies stocked (TP, paper towel, all cleaning products, coffee, filters, creamer, sugars, teas,)(Receipts would be submitted on a monthly basis for either reimbursement or book keeping purposes)Encouraging guests to leave good reviews by periodically checking in, providing a review template, and ensuring guests receive the amenities they are looking forContinued marketingMajor Maintenance fees—OwnerCleaning and laundry services fees: Cleaning fee to the guest depending on how cleaner wants to charge

Essentially what commissions are owed?