Businesses/consumers at risk of defaulting gotta have lower rates - like we gotta have Will Ferrell on that sexy Cow Bell - so they can refinance.

Two little kids who are siblings might share one in a pinch, but 2 teens or 2 adults do not want to sleep in a bed that small.  

Mobile Home Parks are the big and sexy mobile home topic, partly because @Brandon Turner made them popular!  

The sooner we get away from the notion that REI is sexy, pleasant, or easy, the sooner we stop hearing stories like this.

I have been interested in real estate since my early teens, specifically wanting to be a landlord (or slumlord, at least I'm honest).

It's not sexy work though. 

It may be best to tap into that equity and get it working in higher return investments.I do apartments... most investment opportunities I've seen recently are projecting mid-teens as average annual returns.

There are other options I have been selling to my investors right now that are putting out nominal cash on cash returns but are putting out high teens for a IRR (internal rate of return).

I am pretty new (as is any person who is in their teens still) but I am super ambitious about my real estate dreams.

To answer your questions:I like to see at least $150/month/unit and a CoC ROI in the mid-teens or better.Correct, just cash flow.