Regardless of the quality of the house inside, you must know what similar houses around the area sold for.

If you're 30 year outlook doesn't include any appreciation, it seems it would likely not be in a high quality area.

In my former realtor life, I easily sold well over 100 nice higher end homes every year-- because I FOCUSED.I developed a very organized system ( felt like McDonalds as far as processing the client on-boarding-training then find it-buy it-close it part of transactions).I chose my top 10 favorite parts of the Greater Charlotte MSA and I think clients were drawn to my success, in depth knowledge of each area.The best part with a focused system is it permits quality time with clients.If you will focus , develop your system --and perfect your support team of professionals, nothing can stop you and money just comes!

Finding a good quality contractor will obviously be key, but also verifying everything they are telling you will be important.

We use the leases and application to confirm the rr and see the quality of tenant.

Additionally, the quality of renters diminishes as the quality of the MH's decreases.Most importantly, however, old MHC's have old infrastructures and that's where a lot of newbie MHPO's can really take it in the shorts.

I have a skeptical eye of others 'turn key' deals, quality of rehab, quality of tenant ect. takes a little more time, and adds another level to the biz, but perhaps worth a thought?

His prices aren't the lowest, but the quality of his work is very high. 

If you're an accredited investor, you can make straight cash investments into funds, which are small portfolios of higher quality investment grade real estate.

For thickness you want to go with with either 18g which is considered a good standard, or 16g if you want a really nice quality feel.