-While not immune from price escalation, there has been no indication of price escalation thus far.A couple of other notes:-As mentioned, we visited last month. 

Purchase price: $190,000 Cash invested: $34,000 Triplex, ranch style.

Purchase price: $275,000 Cash invested: $45,000 Sale price: $400,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.

Rents have increased significantly but so have housing prices. 

And what is your price point, and it sounds as if you're OK with slight to moderate rehab, is that correct?

I am from Spokane Washington, and the real estate prices there are through the roof and make it almost impossible for a new investor to get started.

Mom and pop sold the park for a price that the market would tolerate.

I agree that pricing a rental too high is a classic mistake than can make it sit, but don't you think encouraging landlords to rent quick will make them compromise on the vetting of the tenants?

Typically turnkey operators are not in C/D areas so price to rent ratio is not working in your favor. 

If that is full RC for roof and home that is a good price for that area!