I'd evaluate their management style and way they operate the park (i.e. collecting rent, following the rules and regulations, notices being sent out regularly, etc.).

BP has been, and continues to be, a big help for many of us as you are finding out.

I am going to continue to offer it even though this deal fell through.

If, after the Leaseexpires, Tenant remains in possession of the Premises and continues to pay Rent without a writtenagreement as to possession (and Landlord accepts such Rent), then the tenancy will be regarded as amonth-to-month tenancy, at a monthly rental of $3250.00, payable in advance, and subject to all theterms and conditions of the Lease.We have given more than sufficient notice and we will not accept the rent payment.

If things go well, I'd like to own 4 units by the end of 2018, and continue to scale from there.With the above in mind, I'm analyzing as many deals as I can and would greatly appreciate feedback regarding the below property (whether you feel anything is missing, your thoughts on the returns/cash flow, etc).

I found a small ranch style 3 bed 1 bath potential cash flow of $200/month. 

I would continue buying in the market of your first rental

Welcome and I look forward to your continued success! 

Or maybe continue flipping houses until you're 7 years out of discharge.

Yes it might still be a good investment if the market continues to rise but it's harder to guarantee that.If I were you I would start looking east down the major highways to where the workers live.Go into a restaurant and ask your waiter/waitress where they live and that's where you want to invest for cashflow.