Park owners want passive lot rent and just maintain the grounds 

First Book CRE FOR DUMMIES by Peter HarrisSo walking into the first book I had an idea of the big picture but was reluctant to go the syndication route which is to pool together investors to raise capital to attain an asset.The book “Financial Freedom With Real Estate Investing by Michael Blank. opened my mind to get funding and partner up with like minded investors.I’ve been researching market trends examples job growth, new construction, vacancy rates, entry cap rates, median rents and median price per unit. 2018,2019,2020 in all categories.Also focusing on market cycles and closely analyzing the states that fall in a Recovery Phase & Expansion phase 1 &2.

First Book CRE FOR DUMMIES by Peter HarrisSo walking into the first book I had an idea of the big picture but was reluctant to go the syndication route which is to pool together investors to raise capital to attain an asset.The book “Financial Freedom With Real Estate Investing by Michael Blank. opened my mind to get funding and partner up with like minded investors.I’ve been researching market trends examples job growth, new construction, vacancy rates, entry cap rates, median rents and median price per unit. 2018,2019,2020 in all categories.Also focusing on market cycles and closely analyzing the states that fall in a Recovery Phase & Expansion phase 1 &2.

First Book CRE FOR DUMMIES by Peter HarrisSo walking into the first book I had an idea of the big picture but was reluctant to go the syndication route which is to pool together investors to raise capital to attain an asset.The book “Financial Freedom With Real Estate Investing by Michael Blank. opened my mind to get funding and partner up with like minded investors.I’ve been researching market trends examples job growth, new construction, vacancy rates, entry cap rates, median rents and median price per unit. 2018,2019,2020 in all categories.Also focusing on market cycles and closely analyzing the states that fall in a Recovery Phase & Expansion phase 1 &2.

Hey BP Community,So I am in the phase of analyzing properties and understanding the market around me further.

I'm currently trying to build connections, in order to have a good team on the ground (since I'll be investing from a distance). 

And would this be your primary residence indefinitely, or would you be looking to get it off the ground and then move? 

The mid-west is a great market right now - lots of opportunities but few companies that can offer the "boots-on-the-ground" type service needed in order to manage the out-of-state projects.

Visiting parks and the owners while making offers would make a tremendous difference - Boots on the Ground.

By this I mean, If the previous contractor told you it’s best to knock the home to the ground and start over I would be looking at new construction costs as well as lot prices in the nearby area.