@Dave Bobka @Justin Arnold So, if an investor is looking for a larger, family style home for a Section 8 tenant that is dependent upon public transit, this would be a great property, wouldn't it?

If I owe $150,000 principal I would choose to pay it over 30 years versus 5 years! 

That depends, but you can see from a bunch of posts on here that so far you're getting shafted performance-wise because a bunch of people aren't getting any dividends during a time when they could easily be earning 4-5% or more in a basic bank CD.

I have to choose between a much cheaper market that I live in that is much easier to cash flow, but finding good renters could be more difficult.

Typical equity build up time is 5 years, depending on your market.But can you purchase another rental using your own capital?

I also remember a time when we could claim a dependent on our tax returns even if the dependent didn't have a SSN. 

Of course it all depends on pricing and what your target demo is.

If a landlord plans to hold the property for a while, we always recommend an annual lease, ending to align with the summer leading lesson, or staggered with their other leases depending on the situation.  

From the numbers perspective it seems like it can pencil out depending on the rehab budget. 

@Janine Sharma The decision to classify your onsite mobile home park property manager as a W-2 employee or a 1099 contractor depends on the degree of control you have over their work.