Recent statistics came out stating something along the lines of 7 million people are now behind on there car payments.   

This property has a full condo upstairs that I AIR bnb during summer try to attract long term rentals in the winter.

My question is this- I have 1.5-2.0 million to spend but I am wondering if its best to purchase a smaller building in Boston, Ma Miami, Fl or nicer area lets say 5-7 units or a 20-25 unit in Manchester, Nh or Albany, Ny.

You'll have to decide if you want to work with the type of clientele the park attracts.

That is going to attract people who will try to take advantage so be careful.Whatever you end up doing, do not contract them to a wholesaler.

You renovate to increase rent or attract tenants depending on how bad the condition.

There are a million variables that general advice can't account for, so it's best to have someone with more experience walk you through early deals and give you some guidance.

If the house is worth $1.2 million, why would the bank give it to you for $700k??

This is current data and it just is what it is:Among the 53 metro areas analyzed in the report with at least 1 million people, those with the highest share of completed flips sold to all-cash buyers - often other real estate investors - in 2018 were Detroit, Michigan (48.8 percent); Birmingham, Alabama (42.4 percent); Jacksonville, Florida (39.8 percent); Miami, Florida (38.3 percent); and Buffalo, New York (38.0 percent).Completed home flips in 2018 yielded an average gross profit of $65,000 (difference between median purchase price and median flipped sale price), down 3 percent from an average gross flipping profit of $66,900 in 2017.

I cash flow about 3% net annually based upon current value of $28 million