We just converted our first income property from an Airbnb to a long term furnished rental.

You'll definitely want to prepare a "Schedule of Experience", which is basically a spreadsheet showing the deals you've done over the last 36 months or so.

to summarize: there is no cash flow anywhere right now on a vanilla long term rental. 

Last year we looked at 515 operators and deals and only invested in 11.

I have put some money into fund that flip within the last couple of months.  

Easiest way is to look at the MLS and see how long it took for a property to rent around the property you are interest in and what the rent rates are. 

You might be able to make money, but you have to factor in how fast that trailer will depreciate in value over the long term.I would go for a post-1976 manufactured home where you own the land and can get financing in place since it's insurable.

@Scott Michael GrossNot really any update to give, my current PM collected rent last week, Homes365 takes over next month. 

I purchased my childhood home from my father for about $100k less than market last June and the original plan was to hold for 2 years which takes me to June 2025, do minimal renovations, then sell and take the profit from the sale and purchase one or two more investment properties.

New listeners really need to understand that RE is a long game and bringing back people that have been doing it for a long time and getting that perspective would definitely be worthwhile.