However with the Cap. rates as low as they are and virtually zero experience in the land lord business we've decided to get our feet wet by basically creating a portfolio of homes which would basically act as a "synthetic" mobile home part.

I obtained a 30 year loan for this property thru Chemical bank.

@Daniel Claroni there are chemical treatments for that but if it’s real bad you have to replace the subfloor.

Laundromats sometimes pose issues-do they do dry cleaning (chemicals concern) on premises?

My PM told me the white stuff is the Trie-Die Chemical and it will not stain.

Chemicals, cleaning,  salt if salt water and def more cap ex risks.

I'd return 7-10 days later per instructions on the chemicals and I'd do it all again.Then I'd come back and get it ready for rent. 

Do keep the chemicals out of their eyes.

You will also go through more chemicals in the summer.Monthly electrical costs - the entire pool system needs to be running at least once or twice a day which will add to the electrical bill.

Got your finances in order and are ready to make this happen but not sure if you could.A little background:I graduated college in 2017 with a B.S. in Chemical Engineering.