There are plenty of posts on BP about selecting criteria.

But, with a little practice, plenty of communication, and proactive landlording - you'll be looking for as many tenants as you can get- Good luck with your investments - always re-run the numbers and account for the unexpected ( like replacing a HVAC unit..or two) Keep us updated with what you decide.

There are plenty of people that would like to be in a home that is on private land as opposed to a park.We have a park there off Seneca.

I'm sure by January time frame, with this first propery now in escrow, I'll have PLENTY of questions and advice requests. lol.

I check again yesterday and again today, plenty of junk mail, no rent check.

Too much drinking, parties, smoking, not quiet enough, etc.

There are plenty of non-RE sale docs that get notarized (contracts, affidavits, and other legal docs that get recorded).

There are plenty of deals you can find that will give you a solid 1st, focus on finding those, you can start at your reia group, as well as ask for referrals from realtors that sell for flippers.

Obviously there are plenty of motivated sellers in a sellers market.

@Samia BinghamSamia - Would you be able to elaborate any more on the present setup you are involved in/have the option to purchase.This type of investment interests me quite a bit as locally it seems to be a niche that could be filled, I'm sure plenty of other locales this works in as well besides established markets.What I'm interested in, are rents paid (if you know the ranges possibly) roughly the space someone gets for the rent, what perks they get -- is there coffee, virtual receptionist -- how is the office decorated/set up - any furniture supplied by landlord, can you pay online, terms of leases, bathroom set up -- do the tenants have to pay for web access or utilities, housekeeping, any fights/spats between neighbors, what type of tenants make up the mix.Really any insight from your experience would very much be appreciated.