If you consider for every 100K in equity, with a mortgage rate at 5% you are losing a minimum 5% annually on every dollar of dead equity you hold.

This is 3% of the FMV of the property... not 3% of the purchase price or the outstanding balance.A standard home is going to appreciate $3,000-$5,000 annually in this area.

So if proforma gross annual income is $165k after buyouts and upgrades, we will reflect that in the ask price.

@Ken Thakar if the property is truly NNN meaning the owner is not responsible for any costs, your NOI is whatever annual lease payment the tenant is paying you.

The deal makes sense for my COC and $/door minimum criteria, but as i've listened to more experienced people on the podcast, i'm wondering if i need to add a criteria for annual profit to be >$5000 per property because it seems like that may cover potential disasters/capex problems that occur without wiping out property profits for multiple years.

Income from rents is not.When annual income from flipping becomes substantial (somewhere north of $40K) many investors opt to have their flipping business taxed as an "S Corp".

Charge extra for pets, not people, and especially not kids.Consider starting a policy of evaluating and raising rent annually. 

(I flip around 25-30 SFH a year) I’ve been making these ppl crazy, steady returns (~30% annual) which I think has actually spoiled them so I would need to probably go after the paper asset/Wall St investors for a syndication anyway..... 

Your coworker will sell is 30% annual ROI property?

On the RVs you’ll want to know how long those people have been there, do they pay annually or do they only stay for the 3-4mo “season”, if seasonal do they pay a premium versus the annual, are sites open for short term stays (daily/weekly), how are the surrounding RV parks occupancy...The longer the term the easier to manage, less of a business.