Any positive or negative experience by doing this?

And definitely kudos for not listening to the negativity around you and pursuing your end goal!

I'd also like to hear the negative aspects of TK just so I have a greater idea of what I am getting myself into.

They were all 70-75% LTV and had the following returns: 16% 19% 23% 11% I owned 2 TK properties that I had for 11 months out of the year, and the returns looked like this: -15% 24% Yes, that is a negative.

I started with the list of 500+ metropolitan & micropolitan statistical areas (MSAs) and narrowed from there with these criteria:Above average projected population growth (>4%)... cuts to 168 MSAs Below average vacancy for renter-occupied housing units (<6%)... cuts to 83 Below average price to rent ratio (<11)...cuts to 11 Population >500K within 25 miles...cuts to just 4 markets (btw, this cool site tells you how many people live within X radius of a location https://www.freemaptools.com/find-population.htm)Your shortlist will all depend on what "filters" are most important to you. 

How negative is the cashflow?

I would not even consider it as I would never buy a property that has no or negative equity.

@Terry Lao I agree with that brother I had the same exact gut feeling myself and maybe it was the negative nancy in me but it sounded way too good to be true.

Additionally I'll add as a negative that your flood insurance is going to pretty expensive and there is a good chance a lender will require wind and hail as well.

What I would hate to have happen is for you to post a question on BiggerPockets asking if you should do an expensive education program and get a ton of negative feed back, and then decide not to do it, and then ultimately not do anything because no one reached out and offered to help you learn.