But again, it all depends on where you want to park your capital.

@Kevin Park - I would definitely get an LLC written up to lay out the partnership between you all and for all of your protection.

How's the parking?

. $25/sq ft is a good ball-park estimate if you know you need a full rehab, but there are too many what-ifs to do a number like that.

Parking violation, we inspect that vehicle was removed.

Can anyone share what they're paying for vacation rental insurance or a ball park for insurance on a 2/2 cabin? 

Depending on your rental, how nice it is, proximity of schools/parks as well as crime rate, you can make a fair estimate. 

My investors and I have 54 pads in mobile home parks spread out in 3 different states, not local at all.

Greenville, Lincoln Park, Bergen-Lafayette, etc are not the best area

But his article did not list them as elligible, although it didn't say explicitly they weren't, and I have read many threads where people say they purchase SFR's with commercial loans routinely.