I personally have run the numbers on around 15 apartment complexes in the Phoenix metro area and I'm looking for someone to bounce numbers off of as a sanity check.

@Johnny McKeon, It doesn't sound like a home-run. 

What have others done in situations like this, and are there any good national companies that run property management at mobile home parks that others would recommend?

Originally posted by @Eugene Stokes:Yes yes I'm in my third day today is Saturday I am still skeptical a little exhausted and I am trying to understand why I have not retained any of the express information that the instructor has been throwing out there for 2 days maybe it's just me. and I don't understand why I am trying to pull credit to pay for a program that I thought was doable for the $1,147 I spent that was my introductory cost after attending the class on the second day I find that there are advanced classes that they would like you to apply for I'm a little confused so I'm not only using their resources but I am buying into a system that I had no idea that I was getting ready to buy into LOL if this makes any sense please reply note I am submitting retirement documents regarding my 401k bank statement regarding my savings and banking account checking and I'm online applying for a $20,000 credit line help reply thanks. careful these are education companies your just paying 20k for an education.. that's all.. there is no magic to this and snap flipping Is just another term for being a wholesaler and there are tons of them on BP who  will gladly help you for free or far less.these guys make their money selling you information.. and its all very well scripted and laid out to get you to run up your CC to pay them.If you cant stroke a check for it.. then your not ready to enter this business as all.. if you run up your credit card how are you going to get any other money to operate.. ???

Most likely only those that don’t pay their rent, and are on the run from a previous landlord.

When you find one that you like that does, I ask them to run the numbers for various scenarios (VA financing with restored entitlement, conventional, FHA), keeping in mind the property that you currently own and occupy.  

We have found that most people would rather just pay for the lead and move right into contacting the prospect rather than spend time running down to the courthouse, researching probate cases, only to find out the lead is worthless and the time was wasted.

While the property may not still return 20% cash on cash, it would not be losing money on a monthly cash flow basis (hopefully..)But I think that is lazy and irresponsible, especially if you own anything more than a property or two.So I generally try to run what if scenarios on each property and then subsequently run what ifs on my larger portfolio to make sure that the portfolio can weather any economic storm that may come through.I have only been in RE for a few years and didn't gain the experience from 2008 so my question to the group is what scenarios do you test or have you encountered? 

I will be running a background check for some applicants for the first time and I was wondering what resources you use to do that?

Depends on the type of GC you're looking for.The guys picking up material early in the morning at HD/Lowes/Menards are unlikely to run a very tight ship or handle large scale jobs.