That's typically where I see people referring to entry fees.

I am planning to get into the TN real estate market as my first investment and am looking for some information.In particular: Areas to steer clear of, property management fees, typical cosmetic rehab costs, etc.My strategy is to put large down payments on 2 properties (relative to housing prices) to help pay for my living in NY while still gaining appreciation in a growing real estate market.

A few things to think about-what are all of your monthly costs and look at the rent including vacancy and management fees. 

Over the years, the lot rents for parks nationwide has increased at a faster rate.

WE dont pay a fee for the credit line as I mentioned just 1/2 point for each new loan..

The only real differences are the rate and term.

Option 1: The loan that the owner has is an assumable loan at a 3.875% rate and still has about $265K.

Also lots of sellers have locked in <4% rates and don't want to buy at 7% new investors who dont have low rates will just deal with the new normal or historic rates.

I used Hostaway for the last year and the they recently snuck in a 1.8% fee for our direct booking site.

Rates will range from Prime (currently at 7.5%) to Prime + 4% (11.5%).