My long term goal is to create a real estate portfolio consisting of a variety of 2, 3, and 4 door units, mobile home parks, and single family homes in order to move closer to achieving my goal of financial freedom.

The quality is the same but I understand there needs to be a larger margin for investors, investors give me consistent work and also there is no emotion attached so deciding on tiles, cabinets, fixtures ext...

If the home is not consistent with the neighboring houses, then you're not likely to get the price you need to make it worthwhile.Good luck!

(turn-key model) Feedback here consists of no stress acquisition, ease of multi-market management, & achieves portfolio diversification all at once.

To find consistent discounted deals you have to invest in finding off market deals.

I fixed them up and they have been consistently rented ever since. 

@Danny Randazzo, neither, I know the millage rate so I just take 90-100% of the purchase price and multiply. 

A 8 home community will have disproportionally high expenses since so few tenants are paying for the full cost of maintain the community which will be fairly consistent regardless of the number of tenants.

The consistency of payments was very positive.That said, I am much more bearish on the NJ market, so I am not sure if I would do it.

I would love to continue buying properties I believe will preform consistently, even in a down economy but be in a position to take advantage of richer deals in a recessionI know this is probably what everyone wants but I guess I just wonder how much cash I should be reserving for a recession?