The other quesiton i have is if private equity is starting to get involved in this market, companies like Apollo & Carlyle, does that change your feelings about getting involved in the space?

Personally, I've been in the mobile home investing space since 2007.

And there is a laundry list of existing professionals in this space to replicate from. 

I'm looking to get involved in this space, too. 

Knowing this space well is important imo.  

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

Over the course of a weekend—and fueled by beer, food, and sledgehammers—we completely cleared out the space.

Quote from @Jacob Hrip: I have read this one years ago and it is a great book by a very successful guy in the space!

Nothing in the STR space is one size fits all, but the ideas can help others see the potential in their property. 

They’re built for heavy use and have faster drying times—usually 30–45 minutes—without needing major electrical changes.If you’re up for a bigger investment, adding extra stackable units in the garage could be a great long-term fix, though it’ll mean some electrical work and setting up proper ventilation.I’d probably go for the commercial upgrade in your current space first—it’s quicker and might solve the bottleneck right away.