@Marcus HillWe typically use the tax valuation from the county

So if you take 2 points as being typical, that is $1,200 you won't get on a $60,000 loan.  

Since we purchased it, we brought power back to the property currently set up as 2 RV hookups and additional outlets on a backer board (for a total of 200-amp service), had an RV pad and driveway put in, and had the developed year-round spring well brought back online - there will be a pump house built near the backer board this Spring (1st photo).

How much more challenging is getting into cash flow businesses (like a laundromat) than typical investment properties?

I have a typical part time job, but was looking for either a job or to work for free somewhere that I will learn about the real estate market. 

BP is a RE board and the deal sizes here are much smaller than the typical MTN face amount.One of the keys to success in investing is learning how to ignore the noise around you and focus on what you do best.

I am sure as a PM you sub contract services for properties you manage.

this is the most transparent scammer outthere, i am actually very worried about OP if they can't detect this easily, he is selling mortgage, oil, insulin and tax services in one hospital out of ohio somewhere...come on...

HI BP,I've been thinking about what to ask from tenants in case of issues...besides a copy of their gov't ID (Drivers or passport), credit report stating full name, address and birthday, what else do you all typically ask for?

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.