If you can come in and operate effectively I think you'll find success rather quickly due to that.BTW - for a property management platform I would highly recommend Buildium.

I also feel $1,000 is a bit high to set up an LLC and QuickClaim a property.

There is a high concentration of those in Texas (about 2/3) but it is relatively similar in most of the markets we lend.

One veteran buyer remarked to me that he didn't get any properties because the prices were so high. 

Right now, I concern myself with the quality asset.

I dont like any company personally that does not put their principals on their website as in meet the team.. ... 

No syndication experience but there are about a dozen quality RV/Mobile home parks on market in Oregon, several with owner carry options that can be passiv-ish with management in place.

One of my applicants showed up with little credit but no defaults, no evictions, and only traffic violations and verified income high enough to cover well over 3 times the rent and I accepted the tenant despite there being some signs.He paid the rent in time for the most part until a few weeks ago when he stopped and I could not get ahold of him.

Definitely a strong location with great visibility and high foot traffic.Since it’s a NNN,  your expenses are minimal, but if LazyDog ever exits, buildout costs will depend on lease terms and the next tenant.

I also like contractors that have packets that allow you to pick out the stuff that you want to use for that project, which reduces the quality control process..