Although, we have a similar structure for our PMA’s, we do not treat security deposit as income but more as reimbursement for damages.

RV rentals can do well, especially in popular outdoor destinations.

I do all my own property searches, inspections, book work etc.

Plus I don't want to be in the electrical selling business, that includes no hookups to recharge electric cars.All I want to do is provide housing and collect the rent.

next you need a team,  you can either do this by referrals or find a turn key provider. 

@David Weitzel great deal, and welcome to the forumns, I love the idea of doing a flip on my own street, seems easier to keep things under wraps but perhaps you still had contractor issues it sounds like?

I will say make sure you contact counsel and do everything right. 

The best way to gauge value is to do it yourself based on reviewing comps taht were sold and condition and come up with your own number is what I have found. 

You could even tell the tenant you would have an attorney do the paperwork that says to such.

I do fix and flips and take the money to invest as a General Partner on a syndication team.