If your tenants have an enjoyable experience with you, as opposed to hating you, you will go far if you are self-managing.

Pleasure to meet you Matt!

.: Quote from @Drew Mullin: I have some experience in the south Florida area.

Quote from @Sri Reddy: We are a team who are venturing in to constructing a multifamily unit from groundup.We don't have any prior experience in construction and are looking for financing loan options.

With experience, they have the right systems in place and know what doesn't work. 

Ferd Niemann is a popular lawyer for MHP transactionsMake sure to take your due diligence very seriously and get professional help if you don't have experience here.

Any insights/people with experience in this market who can chime in?

.: My experience is similar to Colleen's experience.

From my experience investing in mid-tier and luxury hotels much larger is you need about 70% to make ends meet, you start getting happy about the investment about 80% and around 85-90% you fell like you are a genius. 

I have lots of experience in all types of single-family investing, small partnerships in multifamily and commercial, and a vast knowledge of construction.