One guy doing the rounds at the moment is Brian Payton - talking about 20% cash flow deals in the US.

I just completed the first round where my RE attorney who specializes in repping landlords vetted 6 pages of addendum bullet points that I added to my standard application. 

I'm not expecting Fannie/HUD/non-recourse this first go round; but when I'm ready for that I'd love to chat further.

Typically they will not accept an offer first round at less than 85% of asking. 

Welcome from Round Rock.You should try to attend Harold McGee's Big Daddy's Meetup at 183/Burnet on Thursdays for lunch.  

So for easy math I round it up to 100%. 

Aunt Edna, who's only loaning because you're related and she trusts you.All of this is what makes the world go round.

Round numbers:  12 x $200/mo lot rent x 12 months x 0.7 (30% expense ratio)/0.1 (10% cap rate) + 12 x $2k nominal value for old homes = 225k offer price.mobilehomeuniversity.com has both due dilligence kits and park management kits.  

Unfortunately, to return the humane catch trap, I have to take it from Aberdeen to Lynnwood, which is about a 250 mile round trip. 

I'd really like to see newbies succeed, but I know you won't as long as you continue to have the fast buck attitude, as long as you keep following schemes and trying to implement systems from some seminar or just try to specialize in putting square pegs in round holes as you might on an assembly line.Success is not doing some deal or doing a deal a month until you hit some wall and get lost then get out of the business, when I say success I mean build a business that can last for your working career or lifetime.