The house was on the market for a few weeks, I submitted my offer after the seller reduced the price to $24K.

I'm not sure why you'd target mobile home parks that's one of the hardest to entitle. if you want a scalable strategy for 10+ years stick to residential horizontal, apartment, etc that is more common for your market. 

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

The rental market demand is still extremely high and there are a lot of value add opportunities, you just have to be willing to put in the work.

Having worked with 1,000's of investors to Broker the properties I sell in my local market, and having worked with dozens of Property Managers, Turnkey Providers, Agents, Property Management Software Companies, Lenders, Inspectors and various other investment real estate vendors to market their products and services on my show, the one thing that stood out to be was the CEO Zach's obsession with the biz.In real estate we've get a lot turnover, a lot of flameout.

We are in the greater Sacramento area in California. .30 acresDuplex: 1/1 ~700 sqft rents for $1,950 Studio ~400 sqft market rents for 1,700.

I understand it’s a different market but I think $1200 is a pipe dream.

Niche- to me it is a Niche product from both location/market and also prospective buyers. 

I have been in the STR market for the last 13 years.

It depends on what market - the midwest markets out here like Øhio have cash flow positive deals on the market.