There’s a big difference between an area that attracts stable tenants and one where you’ll be chasing rent every month.Personally, I’ve built a 12-door portfolio here, and it’s been a mix of cash flow and appreciation.

Are they located in a touristy area or near attractions?

We attract high quality tenants. 

I performed the BRRRR on one property with the intent of attracting an elderly couple (which I did and they love the place).

We have a lot of more urban units in Tampa that attract mostly Airbnb (maybe 85-90%) and they book close in, often same day. 

Our efficient project management and marketing highlighted the home’s transformation, attracting buyers quickly.

I would just be cautious, as there are some rough neighborhoods in both Akron and Cleveland that seem attractive due to the cash flow but will be money pits after the vandalism and vacancy. 

THE attractive feature to me of MHP is renting the lots, not renting homes.   

I was definitely on the fence about this one for a little while before making the purchase, but there were a number of attractive features that ultimately led me to move forward with the purchase.

Building a real estate portfolio might be attractive, but if you're crunched for time, perhaps you could do private lending in a SDIRA or get into syndications.