Although I find competition for what I call investment grade parks is quite keen.. so returns are more in the MF space.. when you venture out east from the west coast or look at low end parks returns are higher but management is quite intense.. as our dealing with some pretty scruffy tenant base.

Quote from @Patrick Roberts: Quote from @Don Konipol: Quote from @Chris Seveney: There are gurus out there who will tell you when seller financing to have the borrower sign a deed in lieu at closing so if they stop paying you can just record the deed in lieu.

➡️Consider joint ventures or syndication.

Lease Options on the sell side - I've had only one where I had to evict because they stopped paying.

If anyone does this, theyre likely doing it as a favor and not a for-profit venture. 

The solution is to stop the moisture.

That said, I can handle it when necessary and have successfully built multiple self-started businesses and ventures in real estate investing (REI).

While we were onboarding the property to the system and trying to figure out the automated sprinklers, he was out there every day watering the lawn by hand, stopping the buck and taking personal responsibility. 

Otherwise, nothing to stop them from taking 5 showers a day and running 10 loads of laundry.

I would venture maybe $20k total, conservatively.