I am talking to someone on their commercial side, however the last communication I had with them when I asked where we were on attaining a quote was that the under writer was having trouble finding a market for the mobile homes due to the age.

Then the turnkey operator sells the property at the market value to the investor who pays market price of around $200,000.

Purchase price: $417,500 Cash invested: $37,575 We weren't super happy with anything we were seeing on the market, so my husband and I had just started writing letters and looking off-market... until we saw this property.It'd been sitting on the market for months, originally listed around $550,000.

I'm also concerned about the real estate market as a whole.

Look at their marketing strategy.

Quote from @Kaleb Johnson: The issue is that you cant cold call people in New York  You cant cold call but you can definitely do SMS marketing and find your ideal sellers for wholesaling.

Found it through a broker on the market.

Quote from @Kishan Purohit: @Heath D WallaceTo get this deal to cash flow, you could look into increasing the rent if the market allows or reducing operating expenses, such as lowering management fees, vacancy rates, or insurance costs.

Engage an investor-focused realtor/broker in your preferred market (this is not a residential realtor) and start 'tire kicking' the market and properties that fit your criteria.

If you like where you live, I would explore investing in a cheaper out-of-state market.