Any other ideas are welcome, it's my first time as a landlord and my ears are wide open to any and all suggestions.Thanks!

Jackson CoMarket Value213200Times0.32Assessed Value68224Divided by100682.24x Levy Rate10.2126Property Taxes6967.444224NotesSale doesn't affect property value, it just affects overall county wide trends.

When the park is full the revenue will be $725 x 8 single wides $1000 x 1 Double Wide and $1000 for the house or $8300 mo gross.

Also another angle at your scenario would be to wholesale this deal if its really a good deal because I know there are a lot of investors in the apartment space looking for deals.

Also, the rent range is pretty wide. 

You might have more inventory in Memphis, but it might be moving a little slower there and you have pressures on your ROI from a different angle. 

@Kellen Driscoll1970 single wide trailers ... pass

@Isaiah Elysee, aside from private lenders/investors, it's pretty much just commercial loans.Terms vary widely, but expect to have to put down 25-30%, plus show appropriate reserves.

Also just started a flip outside of Richmond that should be ready in April and will post next year when that one is finished.Purchase Price- 3 bed 1 bath at $162,000Rehab- $+/- 7,000 (did all the work myself, design by my wife)Sale Price- $192,800Scope of work- Install cattle fence around 3 quarters of the property- 2.05 acres and fenced in run with chicken cooppaint every roomface framed the kitchen cabinets and painted two tone- Upper cabinets Cream/white  Lower cabinets Grayrecess lighting in kitchenadded new dishwasher (did not have one)moved the laundry room to better fit the kitchenrenovated the bathroom to include a window and concrete sinknew heat pump and furnace new wide updated trimpainted outside of the house and upgraded the landscaping 

@Minna Reid thank you, I understand more at a different angle.