Finally, double-check local demand and rent trends in the area to ensure the pro forma income is achievable.I’ve worked on several mobile home park deals as a broker and am currently helping a few clients sell their parks, so I know how important it is to ensure the numbers make sense both now and in the long term.

On the negative side no one wishes to rent long term here!

Dave,Sorry I took so long to respond. 

The goal is to start building long term relationship with, so any names would be appreciated. 

Knowingly buying into the red just because of financing terms is a very unhealthy way to invest.

The city’s robust economic growth and steady population influx continue to drive strong rental demand, making it an ideal choice for long-term investment success.Best of luck!

As far as the bedbug cost, I would consider how long you are willing to let the place sit empty. 

Keep learning and determine your long term goals.

Pensacola has a lot of potential, and I’ve seen investors do really well in the area with both long-term and short-term rentals.Since you’re just getting started, here are a few tips that might help:Know Your Market: Pensacola’s mix of military families, college students, and tourists means there’s a steady demand for rentals.

Have you looked into Mid term rentals?