You should try to find new tenants and you should pay all the bills associated with the vacant rental from the money you've saved from the income that is allocated to paying operating expenses.

Investment value differs with an individuals risk preference, financial situation, asset allocation etc.

Capital Expenses - initially, when you acquire a park, you can do all the immediate improvements to the park, but you should have a line item in your expenses allocated for future capital expenses. 

Is there a minimum amount of land that you need to allocate to each home when creating a subdivision?

Pre-construction I've allocated ample cash for marketing....and if need be...I can always hire a good realtor to close it.

Here's the list of the one's I have...thought it may be easier this way:AddendumAffidavit and Memorandum of AgreementAgreement for DeedAssignment of ContractAttorney ApprovalBill of SaleClosing StatementDeposit NoteLetter of IntentQuit Claim DeedRE Purchase ContractRE Sales ContractBuyer’s Property Inspection ReportCash Flow AnalysisMarket Sales AnalysisProperty Analysis FormProperty Rehabilitation AnalysisSeller Information FormInstallment NoteMortgageMortgage Loan RecordPromissory NoteMonth to Month Rental AgreementPet AgreementRental ApplicationResidential Lease Rental AgreementResidential Lease with Option to PurchaseWaterbed AgreementBuyer ProfileWeekly PlannerWeekly Priority Schedule30 Day Notice to Terminate TenancyExpense Allocation SummaryExtension of LeaseLandlords Five Day NoticeMonthly Income RecordMove In Move Out FormNotice of Overdue RentPermission to SubletTenants mandatory Notice of Intention to VacateLet me know if I can shoot any of these out to anyone, and please, always remember to check them with your local laws!!

I suggest allocating alot of time to budgeting and coming up with a strict timeline and a team that will help you get to your goal.Good luck!

Someone has to determine their desired rate of return versus risk factor and not forget about time allocation.

I would like to think that putting a sign out front is the way to properly market a home but you need to allocate funds for marketing.

From rehabs, rentals, owner carries, lease options, wholesaling, subject to's, contract for deeds, apartments, commercial, and developing.Your market, your capital, your credit, and your motivation dictate what the best options are.If you are wanting to get involved in a market where houses average $500K then $100K needs to be carefully allocated in a rental or rehab situation even on a single family home.