It all depends on the work you/your clients want to do to create value and the overall game plan.

However, after renovations, the numbers improve significantly, and the challenge lies in bridging the gap between current and future performance.Expenses typically run at a 30-50% expense ratio for mobile home parks, depending on management and infrastructure conditions.

For full time management rates can range from 20-30% of gross revenue depending on the level of services provided.

Keep the wood (or sheetrock if you choose) an inch or two off the floor to not wick water.

For example, an ADU is nice for a rental, but not every home buyer wants to pay a premium for an ADU on their property.This would be case by case and property dependent.

That said, depending on your business, you can definitely get creative with tax deductions for your RV or boat.One thought—it’s too bad you’re not considering the RV as your primary residence.

Depending on the salaries of the new jobs they may also price out the local residents on new home sales which would further drive up the price.

I have great lenders and property managers I can refer you to.In Cleveland, it all depends on what your goal is.

I tell most of my students I would manager myself at least 3-6 months depending on the learning curve.

So, they feel the victim can choose to handle it themselves.