I have owned multiple parks and one of septic that failed.. the new standard to replace it and this was also about 30 spaces was over 250k.. but we are Oregon and everyone wants to live here.. so we get gouged.. so based on that not so pleasant experience I personally will never buy a park that is not on city water and city sewer.. just not worth it to me.

Having said that, I was just involved in a $10M deal in Miami that is definitely cash flowing negative for a while but it is an assemblage of an amazing piece of land with amazing entitlements with multiple exits, all designed to negatively cash flow...my point is its all about the plan...hard and fast rules are usually wrong....what’s that saying “foolish cosistency is the hobgoblin of simple minds”

I've seen recommendations for Key Realty before; they must be good if multiple people are giving them the thumbs up.

Hi Max, Series LLC would be great for investors looking for multiple projects.

In any situation, you can't discriminate against anyone, but in a non-section 8 situation, if you get multiple applications, you can screen for the best credit, longest lease, etc and that just puts the landlord more in control, and with more flexibility.  

Remember, the quickest and safest way to build wealth is having multiple different incomes from different sectors. 

I'm looking at multiple houses but only one duplex. 

Without further ado, here are the final details:Purchase price in 2018 - $210,000Sales price in April 2022 - $450,000 (cash, no inspection, no contingencies)Net proceeds - $249,000With initial out-of-pocket investment of $27,000, the return is a 9.2x multiple, or 84% IRR, which is by far the best real estate investment we've ever made, and gives our daughter a great start on her financial life.

However, in my case, I don't know yet which state I'll be buying the property in as I am keeping an eye on multiple states.

@Jim Sestito we are getting estimates from multiple contractors to make sure we are sticking to our budget.