Thank you all for your insights and I greatly appreciate the feedback.The MH balance is 31k IMO too high plus the lot rent is 350, the park once again IMO not appealing so with after taking everything in consideration I definitely would pass.Thank you all!!!!!

Since it was our first campaign we opted to do as much as we could to keep the cost down so we chose to stuff and stamp the letters ourselves and knew we were taking a considerable risk with a small campaign.

I am familiar with working with residential PMs for my properties, but never worked with a commercial PM.What are some of the key considerations when talking to commercial PM?

Short answer, is no.If we take into consideration on how banks make money on mortgages, it's through interest and time, right.

He doesn't have a companion dog but I would certainly allow it.Any other considerations?

A bit of doom and gloom for 2014, but the author makes some very compelling points:http://www.zerohedge.com/news/2014-02-03/guest-post-warped-distorted-manipulated-flipped-housing-marketIt also discusses the rise in flipping and cash real estate transactions.Like others have said, if you buy low and hold it's hard to lose money; plus real assets are far better than paper when things start to slip =)

The broad context of this analysis is straightforward: an economy based on ever-rising consumption falters when real household incomes stagnate or decline.

"Consideration" in these matters have well established limitations that must be used and will be used by RMLOs.

Anything over 30 years is considered a "full search", and is considerably more expensive.

The contract would state that I have 60 days to assign or else it is void.Please help and see the contract I have below to verify this is an ok contract to use.Thanks a Bunch.RaphaelPS possibly looking for a fair priced Rent to Own Mentor.Give me a call 703-282-7230LEASE AGREEMENT WITHOPTION TO PURCHASE REAL ESTATE(Standard Contract)This Lease Agreement With Option To Purchase Real Estate (hereinafter referred to as the Lease Option) is made this _________ [Day] ____________________ [Month], __________ [Year], by and between the following parties: ________________________________________________________________________________________________________________________________________________(Hereinafter referred to as the Tenant/Buyer), and________________________________________________________________________________________________________________________________________________(Hereinafter referred to as the Landlord/Seller).In consideration of the mutual promises and covenants hereinafter stipulated, the parties hereby agree as follows:1)DESCRIPTION: The landlord/Seller agrees to lease, and the Tenant/Buyer agrees to rent the real property and improvements, hereinafter called property, located at:____________________________________________________________________,As more fully described as follows: _____________________________________________________________________2)TERM: The term of this Lease/Option shall be for a period of _________ months commencing on _______ [Day] _________________ [Month] __________ [Year], and ending on ________ [Day] __________________ [Month] __________ [Year].( ) The term of this Lease/Option may be extended by the Tenant/Buyer for ___________ additional renewal periods of __________ months each, following the expiration of the initial term.