The reality is that this isn't people crashing on the couch while we're out of town anymore. 

This would further support the recommendation to negotiate a step-down mortgage structure, such as tiered payments or interest rates, to reconcile the seller's valuation expectations with the practical realities of the park’s financial performance and provide a feasible acquisition pathway.

The cash flow on paper is often much different than reality.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

You have to adjust your expectations to match current reality, which includes higher mortgage rates, higher prices, more expensive taxes and insurance, more competition, etc.

So, in reality every month your moving close and closer to sucking out months/years of profits via items aging out, cap-x coming to bear. 

Consider house hacking when rates and prices are a little more balanced with reality.

Basically, what these guys did to some of our Real Wealth Network members allegedly is:- GEG showed RWN some of the properties they had renovated and leased out to prove their business model- They told our members via a webinar that they buy, renovate and sell rental properties below market value to investors with 8% cash flow- They said they offer non-recourse financing at 50% LTVIn reality, GEG sold properties that were not always renovated - even if the price point reflected a renovation.

Perhaps that's what your spreadsheet tells you but its far from reality. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!