The risks rise exponentially as you go down in property classes.

I wouldn't place all my capital into any single asset class, be it rentals, bitcoin, stocks whatever. 20% ROI on leveraged real estate used to be a reasonable number but now with markets being the way they are I find it a but hard to accept.

I have a property manager for rentals in the town where I live because there is a good chance students will rent them and I want to avoid conflict of interest as I could end up with them in one of my classes.

Time fiddle with a new asset class for fun (& hopefully profit).

Depending on the class of home you're looking at it could be a factor.

Tenant screening in any class of neighborhood is a must.

Jim.Account Closed I've read your posts around the forum and you're one of the rarer class of investors. 

It's not uncommon still (at least in Indy) to find these deals in Class C areas (some Class B), but the closer you get to Class A and Class B (just historically speaking across the board) areas the % margin tends to go up in a lot of cases.

When I purchased the property I knew there was a lot of potential to rent this house on a per room basis but the basement was also very unsafe (small windows, no stove, cooking plates improper fire protection etc) but it did come with some nice features such as a tankless on demand water heater (great for having lots of tenants).

My question is: if the number look good-  is it worthwhile to pursue this and look at it more as a standard multi family investment to gain experience into the MHP Asset class, or to simply stay away from park owned units?