The local laws are loose, and we could dd 2-3 mobile homes on the lot.

The takeaway here is to become familiar with determining loan quality for yourself when working w/ a broker.In addition to the capital gains issue Jeff mentioned, there is cash drag.

I've used their credit and background checks for years without issues except for one fraudulent tenant/application.I have noticed on most of the applications I don't see anything pop up for the background check but the credit check seems pretty thorough.

The issue is that a majority of the MLOs that approach us ask us what we can do for them, not how they can help us.

I have "one on one" students in Atlanta, doing very well, but if price is an issue, I'm not your guy.

There is opportunity but also a lot of issues and risks.

Purchase price: $67,000 Cash invested: $140,000 Mega mobile home makeover.

I also hire a plumber when I have an issue at my house, I hire an attorney to draft documents for me and I hire a CPA to do my taxes. 

I agree, you likely need to start by firing the PM and then address the rental property specific issues.

Some of the orgs have silly, or poorly thought out internal processes that lead to issues like this.Not a good sign, as several have mentioned.Recommend getting to the bottom of it or replacing them.