Hi, I'm looking to obtain my first real estate investment for rent. 

We also like to sit down with the current manager and go through everything related to how they are running the park (collecting rent, problem tenants, sales of homes, marketing efforts, recurring maintenance items, problem areas in the park infrastructure, etc)Compliance - this includes everything related to city, county, and state compliance to continue to run the property as a park.

Too many arcane rent control regulations to trip you up.

They potentially getting a rental in Glastonbury, Farmington, Avon or the like town would lead to more appreciation and higher rent.

Sometimes, people want to move to the area and rent in order to get a feel for what each area offers.

For multifamily i know location will matter/ rent would matter/financing would matter.

More supply could hit the market, for example, or cap rates could expand fast and leave the developer trying to figure out how to rent and hold the units.

I'm living in one of the units and renting out the others.

Have you seen the business financials and previous years rents along with looking at that the banks will want to see its 100% occupied without vacancy to hit a Debt service ratio of 1.25% Minimum in most cases.

Currently rents for $2400 on a 12-month lease.