The parks harbor lot's of complaints as eyesores to the communities and shifty people ( not all are bad but you get increases of instances with MHP's on average. ) The county and cities also have an incentive to tear the parks down and impose heavy regulations on them because the tax base is low.

I'm new to BP's and I probably don't have to tell my head is spinning from the wealth of information and awesome people on this site! 

im looking to grow a local investment before i head back to the states in 6 years.  

I personally think you will be way over your head if you don't know where to start and want to do an apartment building.

Let's say for instance the numbers where reversed 80,000 to lock down the house and 15,000 in repairs .

Retail also has its own characteristics and needs to be reinvented every decade or so to remain rentable and competitive.Industrial too is unique and has its own strengths (easier to manage) and cons (longer vacancies).Each type of commercial is going to require a different style and application of management.You should have a light understanding of the type of CRE you would like to own as you head into the market looking for deals.Personally, I prefer industrial because it's an easier asset to manage and I have a lifetime of experience working in this asset class.That said, and as mentioned earlier, if you head into the marketplace searching for a value add situation then you might want to keep your mind open to various types of commercial property.

This is good to know because I am headed to the Springs market from Melbourne Florida and the Melbourne market has been hot as well.

As you progress in your career, gain more skills, experience and reputation that amount should grow.For instance, we no longer put up the same amount of capital for a 66/33 equity split like  the deal we did with the 21 Unit apartment building $635,000 deal.

I love heading down to Columbus for a weekend every now an then.  

I factor in 5-10% for repairs and maintenance in my head though.