Unless you are buying at a significant discount, or are hacking it, or have some other value added strategy or plan.

Cash flow can be great if you manage it well and keep occupancy rates high, but factor in the added costs of management, cleaning, and potential vacancy dips.

Eventually people die off and the homes go up for sale cheap, get abandoned and the park owner picks em up cheap and takes in the extra little bit of cash for the POH rental. 

Fortunately it was a location with a PSF of ~$1.5k, so I added more than $100k of valuation (suspect I may not have quite achieved my $2 added for every $1 spent).But the bigger issue I see, if I add $200k of equity at hopefully a cost of no more than $100k it seems like maybe a good brrrr but what if it has expenses on a sustained hold that results in negative $1k/month?  

One effective strategy to maximize unit potential is to explore opportunities for adding extra units, especially in C-Class properties.

When building my home, I could easily have added $1M to the price tag by just using concrete and steel.  

I used the 75% rule on the income and added it and my DTI without the rental goes from 24% to 38%.Or does it just allow me to just take the net profit of that rental and add it to my rental? 

@Michael ReilmanI installed the Aquasource Henshaw from Lowes in all 20 units I recently rehabbed and they've been great so far, and as an added bonus they're ADA height which is awesome for bad knees!

Just added this to my lease - thanks guys!

I cannot afford another above the $16,000 which is why I told her $15,000 was the budget.I also stated to let me know of any extra charges that come up so I can watch the number.