Growing Demand for Affordable Housing: The ongoing shortage of affordable housing options drives demand for mobile home parks, particularly in desirable locations.

You get the most favorable financing, your down payment is much lower than a rental, you can therefore afford a more desirable asset which mitigates risk (nicer properties appreciate more, are easier to sell, attract quality tenants and have lower vacancy/turnover), you will learn the ropes without nearly as much risk as an OOS property presents.

Is your rental in a desirable area or an affordable area?

Just a personal desire to do this (many reasons, likely none of which are important to the awesome folks on this forum).

You had one desired outcome that was outside of the parameters of what we were able to make a reality.

Desire to get into commercial real estate How did you find this deal and how did you negotiate it?

I see plenty of owners struggling, but they often has less than desirable properties, poor photos and no remarkable amenities to set them apart.

We're not looking for an immediate huge ROI, but would like enough to cover costs and pay for our flights a few times per year(plus a cushion for repairs, upkeep, etc), while we ultimately wait the 10 years for Tulum to go through its growing pains, and then have a much more valuable property on our hands.Even with this conservative plan, we would still need to locate the right property in the right location that appeals to us and renters NOW and is poised to become more desirable as Tulum blossoms.

If a host desires big appeal and profits, it can take a little more effort than the local resources provide. - Mortgage terms, rates and competitionTypically vacation rental properties are investment properties.

@Michael PrimaveraYou will not be known as a high quality landlord if that is your desire do not enter the glamorous world of low income housing.