Outside of the totally jacked deferred maintenance properties, we see older duplexes with good parking and near the university sell for around $150K with around $1000 in monthly rents.Typically there are two types of buyers for these the owner occupant and the unsophisticated cash investor (or large down) who is nervous about equities and has been getting almost nothing in more conservative investments that likes our area for sentimental reasons or its stability.If you look at the owner occupant scenario, they could live in the 3 br and rent out the other two units for $1250/mo.  

Thanks,JohnCedar Park, Texas

A 12% return is not the greatest but it is better than having my money parked in a low bearing interest account.

I have a opportunity to buy a mobile home in a MH park.

Fire Dept is within 1 mile, Police Dept 1 mile, and the biggest park in the city is literally 30 feet away. 

Tuesday at Dino's Pizza in Norwood Park

After spending money fixing up a property, I obviously want to make sure the tenants occupying it are not damaging or tearing anything up....whether accidentally or deliberately......or worse still, using my property as a front for some shady illegal activity    (take your pick on that one....the illegal activity that is).I also want to make sure I am on top of the stuff that will break down due to normal wear and tear and stuff that needs regular maintenance.I also want to make sure the tenants are doing their part in up keeping the property as necessary....mowing lawns, shoveling snow from sidewalks and generally maintaining a reasonably clean interior and exterior for their own good and mine.If and when the tenants do tear something up, or something breaks down due to no fault of their own, unless it adversely affects their daily routine, I would think that they most likely would not report it.

Is their adequate parking where this cafe would sit?

Parks Title.  

You're essentially charging people to live in RV parking.