Just on the west coast a well run park is in such high demand the returns are pretty weak all things given....

They have already verified you're a weak landlord because you let them stay for August with no rent and no consequences.  

They get weak and twist off at the shutoffs, normally under a home, on Christmas eve.

If I were in a weak market I might look at moving, even with the family. 

If you don't know the strengths and weaknesses of an area then don't invest there (unless you want to learn the weaknesses after the fact...)2. 

Dealt with chronic lateness when I did OF deals on mobile homes...just remember - you're either training them or they're training you.  

It can be hard to turn down a weak applicant and you can sometimes try to convince yourself otherwise, but when there are genuine issues as there are here it is better to wait for a better applicant to come along.

Bao:Depending on the jurisdiction and the size of the building, if the resident tenant pool was terribly weak in comparison to the location, we would either walk or request the property be delivered vacant.

If deficiencies are noted later by the appraiser the repair will/could remain with the buyer.A good option contains the terms of sale, so you don't need 3 contracts, unless the option is weak on that aspect.

I still think the planning is the weak point for most real estate investors ... and entrepreneurs in general ... they are often good at the 20,000 ft dream, but not at the 10' level of detail {I'll admit to being one of these ...