Bitcoin Went Down  - Not Quite Ready For Prime Time Just Happened Nov 29 2017 Bitcoin Flash-Crashes To $8,500, Then Rebounds As Biggest US Exchange Breaks by Tyler Durden Nov 29, 2017 2:18 PM   That’s what I’m looking for, right there., That’s how you make money!! 

If they all break after 6 years and 1 day. 

You can then take some of the profits and buy some quality RE, which will probably just break even for the first years, but that's not why we buy real estate anyway..

Typically I am seeing investors put down 30-40% to break even or cash flow a bit, so that is about the same as your 80% coverage ratio. 

I would also be worried about the park rules and keeping my guests from breaking them.

Ask a home inspector for their mold guy if you don't have one already.If these are otherwise high maintenance tenants: offer them the opportunity to break the lease and move out with no penalty (besides damages, of course).

if done right, you'll likely break even each month on rent, and you'll have the equity you created via the rehab. 

What if the investment property is only breaking even and not necessarily cash flowing?

I’m anxious to jump in and start making deals, but these rehab costs can make or break a deal.

Break even today, cash cow in a few years type of an approach.