So we have some back stops but still have some healthy anxiety I suppose.

anxiety haha Equity is also your cash sitting on it butt...doing absolutely nothing for you.

Can you imagine what the 80's and COld War would have been like with todays work to capitalize fear, anger, anxiety, insanity of "news"?

Take the one time hit on the sale rather than the recurring hit when the HOA continues to raise their fee and slap on other fees.

The easiest method is ACH with automatically recurring payments through my PM software.

By holding onto my cash for several years without an anxiety problem, I made enough money in the Las Vegas properties to pay off a loan for $1.5 million for a 24-unit apartment building as soon as 2 properties in escrow close and I will still have another million dollars to buy another property, but with prices in Los Angeles at $350,000+ per apartment unit and $900,000 for 1200 sq ft homes I am going to put my money into a stock and option trading account and I will not invest in any stock or option unless I see a market dip so low I can't refuse the opportunity.

We also like to sit down with the current manager and go through everything related to how they are running the park (collecting rent, problem tenants, sales of homes, marketing efforts, recurring maintenance items, problem areas in the park infrastructure, etc)The compliance portion of our DD includes everything related to city, county, and state compliance to continue to run the property as a park.

You really need to love this business and be the type of person who enjoys the act of fielding new or recurring challenges.  

Create a calendar with the recurring maintenance items (such as changing the lock batteries) that will remind you when things are due, so you can follow up with your team to make sure they happen.The lock I use is a RemoteLock 5i - it's a bit more expensive up-front to purchase, but it's a wifi lock and not only can you change the codes and trigger lock/unlock remotely, it'll provide you with battery life status AND you can set up check-in/lock instructions to be automatically emailed to your guests!  

I have to chime in here though as just reading your construction and rental estimates gave me anxiety...