(granted, the land was 50% of that... but the investor walked away with a nice 6 figure profit and never had to pick up a single hammer)As a reference, I made my living as an RVP/General Manager for one of the largest Manufactured and Modular home companies in Florida and specialized in both high end modulars as well as "Mobile Home Park" turn-arounds.

You're more likely to find LTR owners who want to convert to MTR because they are effectively the same rental experience and management for an owner, just with (potentially) more frequent turnovers.

Let’s recognize where we are and the effects.

With a low mortgage of $1008, i was able to rent this property for $2400 effectively cash flowing about $1200 per month.

.- highly appreciated!

Manufacturing plants and such don't particularly care about train noise.Third: given that a railroad track has an adverse effect on the price -- how is the price of this property relative to that?

Florida has been top of our list to invest in, however with what is happening with HOA fees climbing, insurance increasing and the new legislation for condo taking effect in 2025 we are going to sit back and watch for a bit.We live in Calgary and have been looking at Arizona and Montana as well, Montana is close for us.Sharing your contacts would be greatly appreciated.Thanks for the help

I highly recommend DFW Landlord Services for a lot of this stuff.

Most deals purchased in 2022 were at absurdly low cap rates and highly inflated values. 

To achieve cash flow in this high interest rate environment, it will take finding/making a great deal or putting more money down.