Bay Area as a whole appreciating markedly. 

I decided to include utilties and mark-up the prices to $1200 and $1600 to gauge the reactions.

Thanks @Mark Masiel :)

If you are going to do much with MHs I would highly recommend the book _The Manual for Manufactured/Mobile Home Repair and Upgrade_ by Mark Bower. 

If we got to the 5-6 year mark, I would have to.  

Mark Soukup provides continuing education through the Colorado Society of CPAs.

Property Management is going to run you 10% easy, not including lease-ups, marketing and any other hidden PM feesTaxes are closer to 6.8% (you won't get the homeowner exemption)Certain areas (most C's) are going to require you to pay for Utilities.Here are my example numbers from a down to the stud rehab:Annual ExpensesAnnual Property Taxes $2,750Annual Maintenance $1,800Annual Insurance $960Property Upkeep/Other $400Property Management $2,444Utilities$1,000.00Total: $9,354 Thoughts @Mark Ainley ?

I was trying to be short hand and I guess I missed the mark.  

But many real deal people like Mark Ferguson probably never go to REI club meetings so you maybe have to research your market and reach out to meet the real players in Longmont.  

@Mark Nolan - Yes, it is a 401K loan from my workplace.