@David DachteraI hope you don't mind I add on to your comments. 

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

Also, knowing what type of repairs are needed and the cost will help you negotiate the best price on the home (and don't forget the spread that you'll need to add on when you resell to another park owner).One thing to watch for - some park owners will not want to poach homes from another park owner.

Value-add on Class B deals.  

You pay a few bucks more per sub but it is a lot better.I would add on to what Jim is saying as he has some good key points.

Some remodel and add on 2,000 sqft to the backside or build up. 

When you add on the penalties, added interest, late fees and attorney costs - it often quickly exceeds market value.

Add on cregslist3. add on postlets.com4.sign in front of the house5.pointer signs6.flat fee listing on the mls, with the realtor getting 20% of the down payment if I finance their buyer or 3% if they bring me a cash buyer.7.

It would be interesting to see an expansion to the 2% rule that has regional add ons for things like rent growth, appreciation, and other local factors. 

Some contractors will start off great wanting to win your future business and then become less reliable as time goes on.Try to get references from people you trust to give them.Always have a scope of work and I like to agree on an hourly wage for "add on" items that I forgot to put down.Always agree on a time frame for completion.