The Owens Creek Rd deal taught us valuable lessons and presented challenges.

You are terminating their lease, which is done without court involvement.I recommend you present the tenants with an introduction letter as soon as you close on the property.

However, if I am presented a deal, I will analyze it accordingly.

Here is the reality, your chart proves they do not appreciate because in the most recent data (March 2023) from the Census Bureau’s Manufactured Housing Survey (MHS), the average sales price nationwide for a new manufactured home was $128,300 or almost $45k higher than the current price from your chart).Every set of data presented in the chart shows the value below the current cost of a new Mobile home.  

Vice versa, I would succeed if I were good in my numbers, outreach, ability to speak with sellers and properly present the offer and etc.

From Northern California to LA, inland temperatures are expected to exceed triple digits in many areas for July 4th weekend.For those that have ever tried to sleep in 80+ degree weather without AC, you will recall...it isn't fun?

At the end of the day, if you are prudent in investment analysis, have a good BS meter for smooth talking salesman, and know a bit about real estate to be able to do some basic diligence on the polished presentation many syndicators put together, than you would likely be fine going this route.  

I don’t want to miss anything since I am out of state and will not be present weekly.

This shows them that I have loyalty to my investors by presenting them my deals and I have already done the analysis on the deals.

From the opportunities that this will present, the refi is probably a good idea.