I have been using the 1%/2% tests on prospective properties and am having a hard time finding properties that exceed 1% on the test.

Generally I’m not crazy about RI’s economic prospects.

If anything I would absolutely work in developing at the top tier of affordable housing, as that has highest growth prospects.

You should always consider apartments as an option for your prospective tenant, because if it costs them more to make payments on the mobile home plus pay the lot rent, they might just rent an apartment instead.

Certainly an important issue that is easily misunderstood, one where I believe it is important for a prospective tenant to understand in no uncertain terms before they sign, for good measure and smooth relations for all.

But overall, can't say I'm disappointed with the deal it's just been a lot of work talking to prospective tenants and setting everything up. 

Does anyone have advice for a prospective real estate investor that has not figured out where home is yet?

Good Afternoon BP community. . .I'm recently unemployed with no real prospects currently and likely no movement on this front until after COVID. 

You may be able to advertise a base rent with an electricity surcharge so as not to inflate your rental rate in the eyes on prospective tenants searching online who may not realize at first that the rental rate includes utilities.

@Stephen Brown I'm still evaluating which out of state market I want to start investing in, but Toledo is one of my top prospects so if you'll have me I'd like to join the group.Thanks-Geoff