Depending on location in Baltimore the tenants probably won't even notice those electrical issues. 

And you pay an annual "lot lease" to the park that can range from $4,000 - $12,000+ depending on the size and location of your property.  

In Real estate, it's 90 percent predictable.In appreciation city:So you need to buy place where it appreciates a lot , DSCR > 1.0 + use 15YFRM is recommended or 30YFRMIn cash flow cityYou could buy anything with higher cash flow and use 30/40YFRM (don't use 15YFRM here)  This is my own calculation how much I make from 500k house in CA compare to $100k cashflow MF in Wisconsin:net cash flow + appreciation for CA: ($200*12)+($5000*12)= $62,000net cash flow + appreciation for WI: ($700*12)+($1666*12)= $28,400This is indirectly how the cap rate works, I don't count the equity building like you said because the LTV is predictable and would be the same regardless the location of property.This is why also when you have two set of very different problem, you arrive with two set of different solution.Do not use Cash flow strategy IN appreciation city.Do not use Apreciation strategy in Cash flow city.

That and your preferred location will give me an idea of who to recommend. 

They only do system built construction, so no worries.https://www.fmbankva.com/locat...

I'm located in NYC as well, and would love to connect and exchange thoughts!

Make sure they have real estate experience as location is not an issue, most of us work remotely assisting RE investors with their tax planning.

He assured me we'd get through the frustrating process of securing a loan.And we did.

Whether you're acquiring a property, securing funding, rehabbing it, refinancing, or selling, understanding the process and having a clear strategy is key to success in this industry.

Hey @Viji Pamudurthy you can definitely feel free to share where the property is located and more details and we can provide more commentary.