So seems like a decent play for cash flow but not much for appreciation.

@Jordan Moorhead I know of many single-asset syndications as well as funds that pay distributions but have negative operational cash flow.

Eventually people die off and the homes go up for sale cheap, get abandoned and the park owner picks em up cheap and takes in the extra little bit of cash for the POH rental. 

Purchase price: $310,000 Cash invested: $50,000 Big Blue - 2 units fully rented, 1 with section 8 tenant and 1 unit being used for short term rentals What made you interested in investing in this type of deal?

I don’t have a loan on the property and hold it cash, but, if I sell it would lend the profits as hard money and earn 10%+. 

Biggest thing is cash position.  

If you want better cash flow, 35805, 35810, 35816, and 35811 are likely the choices. 

I would restate that the lease will remain in place until such time that a new tenant is selected and moves into the property.This approach will ensure your cash flow while acknowledging that 'stuff happens.' 

When calculating your return, bear in mind you'll most likely have to pay 100% in cash to make it work.

if so you will need multiple properties - don't believe all you hear about the cash flow in Detroit.