And, don't forget that some parks will have a "peak" season, "shoulder" season, and an "off" season, all with different rental rates and historic occupancy, particularly if the park is in a location that caters to snow birds.The nature of RV parks can vary across a wide spectrum.

Where does Greeley fall in the permit spectrum?

$150K is at the upper end of the price spectrum for a rental property and may not produce the COC return that you want.

While this is the goal, the results of attempts to limit legal liability are on a spectrum instead of binary. 

This story is HUGE but I'll try to keep it brief.June 2019 a woman signs a 12 month contract that says she must get electric and gas in her own name prior to move it and no one except her can occupy the unit (she breaks all 3 of those)Unknown to me - the man now squatting moves in with the former tenantJuly 20, 2020 she suddenly has a huge amount of cash and pays over 5 months back rent - never pays rent again after this dayJuly 23, 2020 booked for a crimeFeb 2020 person moves into cabin next door and somehow put wrong cabin electric meter in their nameNov, 2020 she's jailedMay 2021 my dad arrives and slowly starts realizing the scope of the problemJuly 2, 2021 I arriveJuly we get Real Estate One to be property managers starting Aug 1, REO agent meets with 2 current tenants and gets them on new contracts, REO makes a deal with squatter, he agrees, he never shows up to the REO officeAug 9 post 7 day notice due to non paymentAug 16 court house says can't because COVID, try 30 day notice to quit - post thatAug 17 hand 30 day notice to quit to squatter (had to bang on his door at 7:15a to catch him as he'd been hiding from me for 2 weeks)Aug 19 figure out squatter's cable is in the name of jailed tenant's daughter who lives 2 counties away with her legal guardian (yet Spectrum refuses to cancel service)Aug 20 figure out the electric meter mix up. next door unit moved out in June yet was still be charged electric. why?

If I use the upper end of the spectrum, I would need to set aside $2,860 per month, and if I use the lower end I would need to set aside $1,100 per month.

The phrase “don’t put all your eggs in one basket” applies directly to this concept, as spreading your investment across a broad spectrum is how investors balance risk and reward in their investment portfolio. 

(And no, hiring a property manager will not insulate you from all the issues.)On the other end of the spectrum, A areas (e.g., East Side of Providence, parts of Newport, etc.) have very few issues and properties there really hold their value, but the investments usually have very meager returns because the properties are in such demand and prices are high.So it really comes down to, you'll need to do your own research and decide where on the risk/aggravation-reward/return spectrum you want to be.

@Kris L.Agreed at the extremes of the rent spectrum it gets out of whack but it's a good barometer when evaluating for a potential deal.

Agents are obligated to disclose their license to anyone they negotiate with as a protection to laymen....who can still negotiate as they will, they've been clued that they are dealing with an expert.A real estate sale can happen between two laymen, two experts, or any combination of the two across the the spectrum.