Another month, another solid report on the housing data, provided by Altos Research.

Hi @Konstantinos Lembesis When Settling on a market develop some metrics that you can not only measure the market you are interested in but others that you havn't considered yet. 

You can also door knock on Saturday and potentially Sundays.You don't always have to call on the first day. 

I've seen lot rents from $150 per month for low end trailer park trash, $350 to $450 for higher end parks depending on the amenities offered.

Take your 50k and get a 15-30% return on it unless you’ve hit your financial goals.

Purchase price: $300,000 Cash invested: $50,000 Purchased a 12 unit park owned mobile home park on a 5 acres.

Does anyone have thoughts on what the best course of action might be from an investors' standpoint. 

An IRA would pay a small tax on such unrelated debt-financed income.

If you can't figure out how to escape that entry-level job and get into something that pays better, then I would argue you probably don't have the skills necessary to invest in real estate and manage it well.Focus on finding a job you can be proud of and that pays well.

Honestly- if you are this worried about your screening and tenant selection process, I'd recommend that you talk to some professional PMs in your area about hiring them before you do this on your own.