Landlord friendly state, as well as, constant job growth and low cost of ownership makes this area great for REI.

Best rate I've gotten so far is high 6 and low 7's with 1.5point fee in a 30yr.I've gotten one lender willing to lend.

Barrier to entry is low with really strong/stable LTR.

They probably don't even realize their return is low, they are just happy to invest passively in real estate, be part of a "deal" and magically make $50,000 after locking up $300,000 for 5 years.

In his numbers the liability insurance seems really low (like $500/year), I know the park owner owns his own insurance company so I'm wondering how skewed that number is.

I can't tell you how many hosts that have used multiple PMS said they are the easiest and switched back to Hospitable due to ease of use and low cost!

What do you think are the best neighborhoods (low crime, good schools, able paying tenants, close to transportation, shops, restaurants, etc.) and which areas you would stay away from ? 

Unless your properties are free and clear or mortgaged so low that the rents will recoup your building costs in 12-24 months by adding more sqft...

Imagine being 70 years old and still receiving calls from tenants on Christmas Day about maintenance issues.

Same thing as Bruce with the flood zone...on paper was located in a flood zone but the actual risk seems very low and the owner of the last 40 years never had a problem.