class action is what you see on TV  unless there is insurance money to go after you guys are going to have to pay a LARGE retainer to engage an attorney.. and if your deposits are only 40k or so Suing is a waste of time and money for any litigation that small

In this case, your monthly payment with 20% down will have a good MARKET rate if your DTI works with a much lower month payment and no mortgage insurance(MI).

We operate a real estate, mortgage, and property management firm dedicated exclusively to Short Term Rental Investments.

Got a statement every month from a very reputable, conservative firm.

Hi All,I’m a Partner at a Manufactured Housing Investment Syndication firm.

Taylor sent multiple email inquiries to our insurance provider asking what risks their policy covered.

Also, how does one assess whether or not one can turn a profit after paying principal/interest, insurance, and taxes each month?

There are opportunities out there but some strategies are risky. 1 - Airbnb (STR) comes to mind - very competitive, very saturated and becoming highly regulated.2 - Most STRs are transitioning to MTR so that market will be saturated soon if it isn't already.3 - Insurance crisis in florida is getting bad so those costs will eat up cashflow and short term appreciation.

Some numbers:Expected 2026 income after raising rents to market value and assuming 7% vacancy: $144k.Expenses: $14k property management, $18k property tax, $10k insurance, $10k utilities, $8k in repairs/maintenance/advertising/admin/etc: Total operating expenses: $60kNOI: $84kBased on 6% cap rate that brings the valuation to only $1.4m, or $1.5m based on 5.5% cap rate.

To answer the first big question in your post — single family vs multi-family — I am firmly in the multi-family camp.