If nothing else it sounds like you could make some pretty impressive reductions in your overhead by shopping around your insurance.I pay $400 labor for pull and drops, which takes something like an hour, for one person.  

It's the most comprehensive guide to buying an MHP smartly, and is authored by one of the fastest growing MHP owners in the country - they own like 200 MHP's.http://www.mobilehomeuniversity.com/mobile-home-park-investing-books-and-courses/mobile-home-park-due-diligence-manual.php

@Curtis Yoder, I've heard Sean Snaith speak before, he is a smart and very funny guy.  

In the central part of town, the further south you go, generally the better the properties get until you get near the college rentals around USF and Augustana.Agree with Pete entirely, there are lots of "pockets" in Sioux Falls so it's tough to shop off a map alone...boots on the ground are good.

Hi Larry,While it is smart to make sure you are getting the best value for the best price.

@David Thompson That's smart thinking with the 2bdr vs. studio/1bdr.

Whole question is the contract between the two of you.If you shopped around before choosing, the renting would be included in the monthly fee (because it's in their interest to increase their earned commission).If you got a fix fee per month, then likely you will also get nickelled and dimed with other fees like advertising.

Also, in addition to what's currently in reserves, it's worthwhile to see if the building is being run in a smart way.

I only wanted internet.I did my comparison shopping, and the cost of internet only with DSL compared to high speed internet (with no tv or phone) from the cable company was HALF!

I just want to make sure this is a smart investment and I have done my due diligence.