They monitor the meters remotely, and send you and the resident a statement on the 1st of each month with the resident’s W/S/T usage and charges for the previous month.I use their Model TSN1 - PVC Meter which currently costs $95 each.Each building also needs at least one router which currently costs $195.If you have your meters in a centralized location, you only need one router but if the meters are scattered throughout the building, you may need multiple .There’s a monthly $6 fee per unit for the monitoring and invoicing.If you decide to give it a try, feel free to use discount code msam10 for a 10% discount.If you have any questions or comments feel free to reach out to me directly.And if you need to buy a building to put Sub-Meters in, I’m happy to chat about that as well 🙂

The other part of my response is it depends on the business model you want to use. 

value adds, flipping, alternate rent models such as STR, MTR, rent by room  can help with the return. 

Even if we use a more modest 2% (inflation) appreciation model, you end up with $1.9 million, which is a $100k "loss" versus a $1.9 million loss.Of course there's lots of other factors - can you stay there for 30 years?

Assuming it is legitimate, the subject-to model can help you save money on taxes and get you a nice monthly check.

People in this park range from using the land for manufactured homes and or park model rvs and fully movable units.

I feel like the contracts are more balanced and fair now, but deals are getting done.If your model is using Big Z data, I would not trust that for a second. 

What's more, comparing the financial models of the two investment kinds in the region of your choice can help you choose which one best fits your financial and lifestyle goals.

I only purchase off market, never put money down and I don't use banks, so my model is very different.

But then find an investment model that feels comfortable (house-hacking is the quickest way to amass properties), find an agent that knows that model, look at homes, run numbers and pull the trigger.The quicker you buy the first one, the quicker you can buy the second and third and onward.