I grossed about 50k and netted about 20k in exactly one year.Sold the JT home in Nov 2021 for 504k. 1031'ed just about 300k into a long-term rental home in the Bay Area.

I’m ok with grossing 50k on 387k Assuming these Numbers are real.

Additionally you are buying something as-is and don’t know the repairs.Currently you are at $2400*12 gross annual.That is $28,800Minus 15% property management fee (rough estimate 10% plus leasing fees and renewal fees): 4,320Minus taxes: $4343Minus Insurance: $745Minus OpEx (10% estimate): $2,880That leaves you $16,512 net or $1,376/mo.From this you have $344 per month door.But there are 3 numbers not included here.

We have three properties up and running and we are now looking at implementing systems so we can delegate more to an employee.

To me it sounds more like you and this guy had an employer employee relationship.

Thanks for the input.One of the parks I was interested in is listed for $1.2m w 88 sites, 17 acres, located in upper ny on a river and is open from april to oct and includes an owner residence. 09 gross was $290k with a $120k adjusted net.

There’s a “GAP” of $20,000 that you need to come up with for the rehab costs.After-Repair-Value: $150,00065% ARV: $97,500Rehab Costs: $20,000DoHardMoney.com will lend: $97,500GAP Funding will lend: $22,500Approximate Gross Profit: $30,000Approximate Net Profit after split with the Gap Funder: $15,000"

When I say "nicely" ask, I mean politetly, as you know these are government jobs and sometimes employees can be a little grumpy.

Take a carrier like Southwest Airlines, known for great service, but run into the wrong employee on the wrong day and you won't care WHAT their rating is, they'll ruin your trip.As I said above, I didn't have a problem with the tellers and other employees at our local BofA branch.

Building large buildings are there systems  that you can use to keep tract of materials and inventory and employees