As a police officer I am frequently called to these situations.

I would be looking more for MHP's that are already established with potential room for development in adding spaces...all of the big REITS are doing that a lot more frequently to keep pushing potential for growth and addition of spaces.  

So I guess my "moral of the story" is that you really have to factor in the area, if appreciation is reasonable to plan for, what the next decade looks like, the potential for more frequent tenant churn with a quad than a duplex, etc. 

I get as detailed as I can pricing out each line item, Making sure I check for things that would make an investment go wrong, oil tanks, septic, structural issues, etc. after that I do a call with the investor going over the property and what things need to get done and what the costs are.After we agree on a number and the job starts I do frequent walkthroughs and take pictures as work is complete.

None of this is hard and fast, and the requirements change frequently.  

We frequently provide value to the forum by answering questions and posting updates to the tax laws they relate to real estate.

@John Underwood, I've considered it, and I do have some local people, but the cleaning coordination is a real bear, especially given the remoteness of the location and frequent back-to-back turnover.

If you plan to make any money, then you do not want to visit as a snowbird... this is the absolute peak season and prices are frequently double.

I recently installed a pylon sign board for my restaurant in Toronto from New Style Signs which was quite attractive..Seems like people are noticing the shop frequently .

I have been reading books as frequently as I can to get a foundation of how this whole real estate thing works, and am starting to feel confident enough to begin contacting agents and property managers sometime soon.