That being said we had 1.5 months of physical vacancy out of a possible 216 months of vacancy that year. 

How many deals did you go physically see and did you analyze many of those deals?

I'm guessing its related to prior business that was never incorporated and treated as sole proprietorship that didn't collect sales tax.

So is physical vacancy, loss to lease, concessions and non-revenue units.

Educate yourself by reading any of Garrett Sutton's books, the expert on the benefits of incorporating.

There's no use in being 100% physically occupied and 0% economically occupied.

@Nathan WaldenNo one physically comes and inspects your home.

For example: 1. has good value add such as under market rents... 2. in a good area or area we can control somehow to improve the tenant class 3. has infrastructure that works within a calculated set budget 4. has limited physical things that can go wrong, such as maintenance, trees, water/sewer pipes, well, septic 5. owners don't know how to fix the problems in the park 6. management are just winging it and don't have a good plan in placeGetting started my best advice is to analyze enough deals to where you can spot a deal within a few minutes of getting the financials and looking at the park on maps.

Although I'm not opposed to something a bit more passive than being a landlord again.I always knew my return was low comparatively .. not to mention the many hours of stress, physical labour and tenant management that have gone into the home.

The new e-sports arena might flourish....then again, it is a physical place and not a virtual place....so I'm not sure.