We both walked over, and he was laying next to his door sleeping on the concrete parking lot (we are in Louisiana, so okay temperature at night). 

I can't make the case for C-D assets in Cleveland, though.Some family friends of ours paid $18,000 for a property across the street from Washington Park in Denver a couple of generations ago.

ONe flip I financed for them in Winter Park CO. my client made 120 k on it in 45 days with NONE of their own money I funded 100% which is what I do for my very good established clients. 4.

One friend of mine had a client who recently tried running an Airbnb in a little Craftsman duplex near North Park.

Vacation rentals are usually much nicer, are close proximity to attractions (beach, mountains, lake, theme park etc) and have nicer or more ammenities.

The DSCR program "Must use the lesser of the two either common rent from the appraiser 1007 rent schedule form on the appraisal or the lease".You also have to factor in the taxes and insurance because a guesstimate or ball park can kill the approval. 

WE did a nice flip last may though in Winter Park that was a good one.

In my devious mind, I thinking like you that I hire a parking attendant, install gates and charge an entrance fee if I bought it. 

If you are in a good park it might work but your other issue is that many are over 55 communities. 

So picture this @Kevin Rodriguez, someone strolls up to you in grocery store parking lot and says "Hi, nice to meet you.