And, Insurance Rates continue to climb.

Typically, you can pick up these homes for far less, and if decorated properly they will book for the same rates or even more than a similar home in the newer resorts.

Chicago is losing housing stock at an alarming rate. 

I was looking at procuring the flooring from Costco for around $2/sqft and having a local installer put it in, but I should check HD and Lowe's to see what the comparable rates would be.

High interest rates are deal killers IMHO.

Some areas are more expensive than others but those usually tend to have higher appreciation rates. 

.), and continue to educate myself on NOI, Cap rate, cash-on -cash return etc.BP community, I am open-minded, willing to take initiative, always willing to be taught something new, but also ready to share any experience or knowledge I have that can help someone else. 

While I know Brandon and his team has experience, the going in cap rate is very low for MHP (I was told mid single digit).

Running the numbers on paper is one thing, but actually securing bookings at your target rate is another.Sounds like you’ve got a good handle on your market and what your guests are looking for, which is key.

I'd recommend newbies get 2-3 estimates for each product from different contractor (hopefully ones that come referred or at the very least highly rated on a platform like here or Angie's list).