I believe I paid a slight premium for townhouse as I saw prices in rice military/cottage grove go as low as ~$145/sq ft where I paid in the mid 160s range.

The biggest piece that blew me away was that they will supplement your rent if for some reason it comes in below the rent range they provide you with for as long as you hold the property.

@Josh Blakey There are parts of town that you can find a house in your range that cash flows.

I think you will have a hard time finding something in what would be considered a "good" neighborhood in that price range in Buffalo or Rochester.

I am NOT a professional in this space yet, and I don't play on on TV, but I have listened to about 50 podcasts on this subject and I hear that a well-run MHP with all lot rentals on public utilities should run in the 30 - 40% expense range. 

Your price range is reasonable but also many other people happen to be looking in the range as well since that is pretty much the first time home buyers range, at least around here.

My goal and my company is actively working toward being the big name in tiny house community development on the front range, and eventually the nation.

I'd likely go with a high-yield savings account or bonds, which will be in the 2-3% return range. 

There are several different properties that work for str, ranging from single family homes close to the airport to houses on the water.

Acquisition prices typically range between a 6% and 8% cap rate.