By the way - for the same reason the 1st position lien holder will be uneasy with 100% CLTV, as a buyer I would be uneasy with it as well.

Given the size of the asset, these won't be huge, but something to consider.REWARD - In addition to the benefits stated above, the only other reason I could see doing one on an asset this size is if you wanted to offset a property sale that would have a large capital gains. 

Now, your post also stated Dayton, Ohio - any reason why you want to invest elsewhere?  

million in addition to their investors (who expect a reasonable rate of return) by keeping the rental rates at a fraction of the market rate?

@Jay HinrichsThere was a post in the fb group where the sellers realtor was trying to give advice to the seller on the reasons they should sell sub to.I made a comment that I wish finra could see a realtor trying to provide financial advice to an elderly sellerThis is where things are gonna go wrong quick.

that is more a RV park. the MBH parks down here. we typically own the land, lot, and trailers. there is a reason but long story short, if i just own the lot and they dont pay the fee. i do not have the biggest teeth to push the need for my money. but if i own it all, my experience says it is a better path

That means that there is now competition between hosts and you have to give people a reason to book your unit over another hosts.

Here is my favorite (among several others, just as hysterical) part of this case:"...Petitioner’s testimony that neither he nor his son used his personal bedroom,living room, or kitchen for personal reasons strains credibility.

One thing I'll add to an off-market deal is you might find a seller willing to do seller financing.You said, "I don't think the time exchanged to manage SFH would be worth my time and the cash flow most likely wouldn't be reasonable enough to hire a property manager.

The reason is the rent-to-price ratio is good so you can cash flow, and most of the West side doesn’t have a Point of sale inspection which is really annoying.