I have talked to the park management, and they said current owners do allow renting out as a rental, but the tenants would need to be approved by them. 

After paying a competitive rate for the property management and ASSET management that the small operator does himself.  

This motivation lead me and a business partner to start Raise the Standard Property Management.

Which gives me much more control of the money/asset management than just leaving it in the market for alot more years.

My lease states that certain clauses go away if I'm no longer managing the property.

I'm surprised you can find a manager for 15%.

My name is Jake and I am the Content Manager here at Vodyssey.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Birmingham’s market is diverse, with various areas offering different levels of potential and risk, so getting boots on the ground can be one of the best investments you make in terms of time and money.I’d be happy to connect and share more about what I’ve learned from my experience managing properties in this market. 

Buy a house using your parents' money, then manage it for them while living there.