I've personally had too many bad experiences with BAD management companies who are untrustworthy to buy rental property outside my driving zone.The right team may turn out to be the wrong team if you don't stay on top of them and monitor their work.

If the park provides water/sewer/trash to the tenants as a benefit, so it is not submetered by the owner or the city, you can figure your expenses IF your a well run park without water leaks in the main infrastructure or any of the tenants homes, will probably be around 40%.

I also think it's crazy in this day an age for a consumer not to pay 12.95 a month to have ID theft monitoring set up over at equifax, or similar trusted provider.

Monitor, monitor, monitor.

If you want to monitor the exact cost, you can sub-meter the circuit.One poster mentioned used equipment...Unless you are personally able to fully diagnose and make repairs, or if the building is really low end, NEVER buy a used appliance (two or three service calls and you've spent the cost of new, which will last at least seven years).

I can give 20 minutes of ANY Day 2 returning phone calls4"damage control" or whatever...then go back 2 vacationing w/o the worry of "what's happening w/blah,blah,blah, & have a BETTER time Relaxing...that's just me.Hoping I planted a seed that will help the neighborhood & rehabbers(&U of course) prosper in Your future;& in finality(absolutely SHAMELESS Plug here) When(not if) the borrower calls up so excited they can barely speak that just found 750 acres for $25M that they can develop into 1 acre lots for $75k per lot, they just don't have the 20% down & 3-5 million 4 infrastructure & marketing....call me, 24/7/365.

You actually control a hideous amount of power if you can monitor nationwide home buying/selling in real time.

A recent headline in my hometown paper points to more gloom-and-doom for Hamilton County Ohio while the Christian Science Monitor reports on conditions on the East Coast.What is going on?

I did a lot of investigation for the three days I spent there and found that they are building a lot of new homes and infrastructure to the SW and continueing to the NW in Rio Rancho etc.

i think using your name as a .com is a great way to promote yourself in this business. it is cost effective and looks powerful on a business card; and as long as you have "Realtor®" or another indication of your occupation on the card clients will know what your site is about.most agents in my office have a registered domain under their name and then redirect the domain to their page on our site. as the webmaster, this is also a great way to monitor who is bringing users to our site as their names show up in the analytics. i suggest registering a handful of domains, market each of them differently then monitor the results, change strategies, rinse and repeat.Sincerely,Rising Realtyps.