He also doesn't control regulations in the states/cities, but his attempts to cut regulations may trickle down and impact personal property rights and people's ability to use their properties as they see fit.

This is largely due to the fixed nature of ongoing maintenance costs, which become proportionally more impactful as the park size decreases, thereby inflating the expense ratio.

BUT.... but, but, but, also how a person manages will impact this.

No offense, but anyone who claims a sale of $1 M of anything makes a noticeable impact in a market worth $280 B does not understand how large markets work. 

I agree that rates have naturally adjusted with the rise in the Fed rate, and it seems like the 10-14% range may become the new normal for a while.I’m curious—what’s your outlook on how this rate range will impact new investors entering the market?

Fees can certainly impact how the "true split" really looks at the end of the day.

I find it continues to impact their algorithms as they continue to figure out how to attract hosts and guests and it further proliferates and already saturated market.  

Norada ls subject to market factors that could impact Its ability to makepayments.

Flipping on a land lease with high HOA fees = challenges that could impact profitability. $700/month HOA fee may deter buyers, elongating your resale timeline, and could push your ARV closer to the lower end of your range.

The restrictions vary by location, but they can impact guest satisfaction and demand.