Compared to a mortgage broker that adds on so many fees for the same loan.

Compare those owners with younger owners who have higher incomes and more desire to build large reserves for the future with the older folks who won't see the future and you can see the problem.

No matter the market run your numbers and make sure it makes sense for that local area compared to what you can expect.

Van Gundy and ORES executed MHLPAs and Promissory Notes with multipleinvestors tied to the same mobile home without disclosing that a prior investor had given ORESfunds to purportedly fix and flip that specific mobile home.37.

If you are buying turnkey, buy under-value compared to comps.

I’m here wanting to ask is New Orleans a year prior to the Super Bowl worth the investment? 

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Your prior question was shold I use my W2 income to pay down (aka you mean what you have saved in your checking account?).

The account fees are minimal compared to the potential gain with most syndication offerings.