It’s always helpful to hear how others structure these kinds of deals, especially with larger properties like mobile home parks.Also, what’s your game plan moving forward?

I may have to start smaller and that's ok too, at least I'll be in the game.

Exposure is the name of the game.

If your game plan is to pay it off with prepaying all your money you absolutely need a HELOC however don't need to use.

Other than that its just a numbers game....every X offers gets you Y contracts....go find the numbers.

It's one of the best hacks in the game.

its funny how this changes with time and the market on BP  if you asked this question 5 to 7 years ago you get drowned out with the cash flow is the ONLY thing and appreciation is for gamblers my self I have always been about making appreciation games in RE.. by either value add building a new product or buying foreclosure and flipping or lending money and getting instant 12% plus returns . 

I’ve been in the real estate game for over two decades, and I’ve had my fair share of experiences with PM companies... some stellar, others not so much.Here’s what I’d suggest:Start Local: In OC, there’s a lot of value in picking a PM company that knows the ins and outs of the area.

I seem to remember that I didn't even have a business card until then either.You are VERY late to the game to be making these decisions. 

In the end, you have 2 choices when there is a change, blame the system or find a way to win the game.