It costs $650 for an investment property and the rest (deductibles, limits, etc are fixed). 

If your current HELOC lender has an introductory rate you might even be able to raise the limit of your HELOC to enter into that promotional rate and lower it even more.

We look for parks nationwide, and our more cashflow/opportunity driven, that way we don't limit ourselves to only certain markets and miss out on a very good deal. 

Ask the applicant to bring her ID with her along with a recent paycheck stub. 

We're looking for an attorney that can help us sort out whether we would be limited to monthly rentals or if we could possibly do shorter, AirBnB-type rentals in some or all of the units.

In our initial investigation we determined that we didn't want to invest locally since we live in a economically depressed area with limited employers, so we did the easiest thing and bought a turn-key property in Birmingham.

I'm not opposed to them as an investment property, but you must know their limitations.

I feel like there is limited risk in the live in sweat equity option if you buy right.

@Anna Buffkin That definitely makes sense, I will be sure to consider the HOA dues when looking at an applicable property.

I have a limited number of deals that I can personally do.