@Wang Xiong when figuring out value of parks only use lot rentals to determine NOI.

@Kelly Wiedower I self-manage :)  If you have a good housekeeper and a good handyman, it's really easy to do (thank you, internet!)

@Scott Nelson let's make sure we are on the same page.You don't control the Cap rate as the cap rate is determined by the market.What you do however control are your expenses. 

@Miguel Castillo Not sure how your specific agency may work, but have you submitted your own comps to support your market rate vs. their determination?

Yes, the ability to find great deals appears to be a combination of art, skill and sheer determination.

That is definitely something that I wondered about and who would be the best person to link up with to determine the cost as accurate as possible.

I finally have enough money saved for a down payment on my first property but now I am trying to determine where I should get my loan from.

How much additional cash is yet to be determined.  

@Joe DavisIn south florida electric and cable/internet (unless cable/internet is included with association dues) is usually paid by the tenant.

Any “fees” that are paid by the tenant that could be considered additional rent would have to be reported to the Housing Authority for them to take into consideration when they’re determining the tenant’s portion of the rent.