Let's examine a typical quote from this article:Mobile home parks are profitable because there are so many families struggling while income inequality and debt ratios are at their highest in history.

Carrying costs were slim to none, as I have used all 12 month zero interest credit cards, which I'm already well on my way to clearing off.Another thing that I've learned: At these higher price points and markets in the country, one must re-examine rules of thumb like the 1% rule.

When we (by "we" I mean someone who has read 50+ PPMs and invested > 7 figures of their own money into private equity) see a new deal, it takes about five minutes to know that the docs are worth it to examine further.

Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.

If that certification letter can't be produced, then their 'need' is a non sequitur.....ie: B/SIf you have other prospects, then by all means examine them for suitability regarding income and your other criteria and then select the best. 

Have you examined his financials, the leases, the rent rolls? 

I would really try to toss the Operation Agreement to your individual CPAs to examine and determine ahead of time.

There were other reasons for me to walk...all involved me getting the return on time and money I require, but, and this should be stressed, it's a Federal program and could have been modified to your benefit since I examined it. 

Pretty good trade if you ask me.If you want to get less pushback from your sellers, you may need to examine your approach with them and build more trust.

You can use various government sources to suss out job & population growth, and rentometer.com to examine rents.I'm originally from PA, so I know that a 3 hour drive could include some pretty rural parts of PA, where prices are attractive but jobs are rare.The reason most flippers fail is that they run out of funds.