Amenities include, laundry, assigned parking, and wifi available for each unit.

The location is key, with easy access to transportation, parks, and the rich cultural heritage of the area.

Recently decided, to invest in a mobile home park but sold at a loss.

FL has a ridiculous number of low-value properties, everything from essentially campers on 55+ lots to MH parks everywhere to run-down shacks in much of the rural areas, all of which is going to drag down the average premium.

It's hard to find a "perfect" market that is knocking it out of the park on all these parameters. 

To help support that avatar, try and have on-site parking and ideally a place where a large work truck can be parked without issue (think fully decked out F-350). 

I own 4 two/three flats bought between 2013 and 2020 in Forest Park, Illinois, at low interest rates and prices in 200000's  They cash flow nicely and prices have increased a lot. 

I'd be surprised if the complex doesn't have individually metered units so you may be able to eliminate the utility expenses unless those are for common areas like walk ways, parking lot or laundry.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Asking about the SW suburbs specifically, in the land of long sidewalks and big actual parking lots.