@Preston Gealy  What is the pricepoint you can flip the modular homes to and what kind of spread do you have?

I also conduct reference checks, former landlord checks, personal interviews, even social media review.

If fact, the opposite is drilled into people...from TV, radio, social media, advertisements, texts, emails, parents, huge houses, nice cars, smart phones, fast food, slow food, no planning, on the go, buy buy buy...we are inundated with consumption opportunities. 

With the spread you have and cash in the bank you should be good on the project.

@Omar Khan Marketing will be fairly standard, social media, local paper and there is large sign on the road that is grandfathered in before signage regulation became more difficult.

@Travis W.It seems like you are trying to do everything...finding a second investment propertyPartner with a family member on a dealgo back to schoolwork a full-time jobobtain a real estate licenseincrease your emergency savingsTrying to do everything can spread you very thin(you might be able to do them all but will you be really good at one of them?)

Managers get trashed by former tenants all the time and we struggle to make social media happy.

Leverage also enables you to diversify your holdings and, thus, spread your risk. 

He's in his 80's and wants to sell his rentals but is trying to spread out his tax burden. 

It's usually not a rent spread between $600 and $800.