You can think of this in terms of yield or in terms of valuation. 

Were these buyers originally borderline in terms of DTI or are all of these late payments the result of one-off occurrences like job loss?

Or are you trusting the management company's information on what they can achieve in terms of raising rents.After owning and managing over 2,500 apartments the last 10 years it has been very difficult for us to make money on c class deals in c class markets because unit turns, vacancy, concessions and bad debt tend to eat up profits.

Congrats on having some income properties in the East Bay and successfully managing them while doing the day job.The level of participation required when getting started in flipping really depends upon what your goals are and what you can leverage in terms of time, knowledge, and money.

I'm speaking with a commercial lender for a package of smaller SFHs, and as collateral in case of default, he wants:1. First mortgage and assignment of rents on multiple residential properties2. First position lien on...

And if Florida is too tough to lease option because of the laws and regulations, what state would be the best in terms of profit and laws?

For used (which I found to be less then 1/2 of new), I have been working withJaclin's Furniture & Appliance7636 BroadwayCleveland, OH 44105(216) 441-3838They have been reliable in terms of their warranty and delivery commitments.

In terms of how things work out with the manager are there protections I can put in place for myself for the resale or does it really come down to the management of the park?

The exception to that is oftentimes when a market is brand new for turnkeys (at least brand new in terms of being known) and you are willing to jump in quick.

Make sure your room is big enough.Yeah, the room " bedroom " is plenty big in terms of sqft.