Networking is vital to your success as a small business owner.

Connections with Rockstar performers within other areas of the industry will be a vital tool.

Many months ago, I met two wonderful top producing listing agents that I have built a very good relationship with, so they are playing a vital role in my supercharged start into real estate.

Understanding the scope of the rehab is vital to making sure you don't end up upside down on the property. 

That is a highly vital piece of information that will wildly affect the value and the ability to finance of any of those properties.

Because of monitoring and medical technology on shift they have one doctor monitoring machines of patient vitals throughout the facility, another making rounds, and another to respond to emergencies/codes.

Hi Tyler,Yes, having the correct agent is vital to the success of a RE buyer.  

You will first have to choose a strategy and stick with it, This is vital if you want to learn and improve within that niche.

Learning the business is vital but you have to pull the trigger on your first deal. 

I am a believer in being a deal "maker" rather than a deal "killer" but there are some things you need to know about this deal:1) Assuming that the lot rent is around $200 per month (guessing based on the numbers you posted) you'd have total revenue on REAL property of $3,400 per month.2) The expense ratio on this deal is closer to 50% due to small size and private utilities, hence a net income of $16,800 per year.3) At a 10% cap rate (I wouldn't go any lower due to rural location) the value of the REAL property is only $168,000 plus the value of the mobile homes which are PERSONAL property and cannot be "capped" (figure on maybe $3,000 per home x 14 = $42,000) so the total value of REAL and PERSONAL property is roughly $210,000 NOT $325,000.4) A park in a rural setting like this would have to have a strong test ad result (20 calls in 10 days) or the market is too weak to support the property.Based on experience, I would think this would only work in Nebraska, Colorado, Montana, Wyoming or some state in which there is still high levels of demand for rural housing and economic vitality to push rents in the future.