If this is your first investment and your first property, the quickest way to fail is to create an uneven playing field.

I am far from an expert in this field as I have been learning alot myself but cap rate does play a role in your type of business.

Since COVID, the demand for cash actually increased, so this is a recession resistant play.

I see it as most people are so wore out from being at the parks all they that they pass out and get up early to do it again.I don't even turn on the TV when I'm there.Kids have tablets to watch their stuff and play games on.

The big players dont want junk real estate that these notes  are attached to.

As you discover opportunities, continue looking for the longer play!

I also have one neighborhood that I am hoping to purchase an SFH as an appreciation play.

There is not a lot of data for MTR comps so I look on FF to see how many MTRs are in my area and what the rate is, and I play around with AirBnb to see what  a monthly stay would cost.

These are big money plays life changing profits but RISK you bet..

I love the Smokies as a long-term play.