Going back to the questions above I don't know what your situation is but assuming its more of a passive investor (by location) keep in mind many people on here have to invest you don't.Third, if you don't need the income now you might want to think in terms of total return and not just cash flow.

Maybe it sounds bad, I don't know, but my goal with investing is not to spend all day "pounding" the phone calling, but rather to develop a steady source of passive income so I can do what I enjoy such as playing golf with buddies on a Wednesday.

How many months back do i request in order to gain a clear picture of the parks true occupancy and vacancy?

How many months back do i request in order to gain a clear picture of the parks true occupancy and vacancy?

Not into spending money for no material gain, but if I’m serious I may need to pay for an education!

I was at a cosmetic fixer ranch yesterday that is exactly the kind of property to target.Over time you’ll gain equity and have others paying down your debt.

Monthly Cash Flow - $523 Per month = $75,312.00  over the life of the loanGrand Total = $167,054.00   If these numbers are reasonably close to accurate, the investor is looking at investing $45K (round numbers) for a 122K Gain in 12 years.

I think REI is great for someone like you and choosing a TK provider like Memphis Invest would be a good choice both for passive income and because they could help you diversify because of their different markets.However before I start going down any investing path, I would suggest talking with a CPA, lawyer and/or estate planner about how best to invest long-term. 

I'll take an infinite return on my money all day every day.Don't forget about gaining equity through appreciation and principle pay down.And keep in mind that's after the equity you already forced through rehab.Also don't forget about the tax benefits of rentals.Plenty of reasons to LOVE the BRRRR strategy if you can find deals where they work!

My question is if I chose to sell the property today, will I be past the 1-year mark to be considered a long-term capital gain or is it based on when the property was put in "service" as my Tax form 4562 calls it aka rented out?