J Scott blows up the spot!

Zero Hedge has a tendency to always predict doom and gloom, but their analysis of recent market behaviors tends to be spot on.2.

My park is in the western US and is 25 spots total. 16 of them are park owned. 

The only reason I make fun of your students who spam me with emails is:1) they're totally unsollicited and I know you've lent our your list to some of them, and 2) a lot of them send such generic, copy-pasted emails that it's very easy spotting those who have done deals and those who haven't.Not sure why you're taking it personal as unlike Chris, I didn't attack you personally.

This zip code has some EXTREMELY rough spots, but there are also other parts which have gone through very rapid gentrification.

I was driving and spotted it and looked like it had good potential.

There are 8 spots to park for 8 bedrooms.

She filed a not guilty plea, so the judge gave her a trial for the money, but evicted her on the spot by giving the landlord an immediate possession - Meaning in 72 hours she was removed but still has to go to court to over the money, which was the core of the case. 

Otherwise I have found you get way below Fair Market Value and are in a tough spot.

There are currently 20 spots filled at $150/month. (20 spots @ $150/month X 12 months = $36,000 income)Assuming 30% down at this price: $43,500Mortgage of $101,500 @ 4% for 20 years = $615/month or $7,380/year.Taxes/Insurance (assuming 0.5% tax) ~$2,000 year.$36,000 income - $9,380 tax/mortgage/insurance = $26,620.~61% cash on cash return.I know this does not include fees for collecting rent/marketing the property, but what am I missing here?