I think it's a "B+" neighborhood, great school district, 90k per property, roughly $15,000 in maintenance costs (new HVACs, some mold in one).

If this is a B class property and the current windows are the old aluminum single pane, I'd consider replacing with vinyl or similar.

You could do better buying a B class building for the mid 8 caps with better tenants and rent levels and then have a seller hold a second to improve cash on cash.

The A,B,C is easy:  Above, average and below average rents.The fun is determining what the rents are in a specific area of town.

The property is in a B- areaAsking price is $180K.  

Is it in an A, B  or C location?

Of course I'll up the rent, but always remain below market for the relative class ( A, B, C, D) because I'll get quality tenants for long term, with good vetting of course.

I signed a purchased contract on my first home in a B market.

Account Closed  your right there is always low hanging fruit.... when I bought my park in Vancouver it was a plum.. rents were 225 a month on average in 24 months I had them to 400... and made a tidy profit selling it... and just like multi  parks are in the same class A B C D etc.. some might be D for age and quality of the MH but it may have been run and managed like the one I bought in Vanouver it would have been an A park if the homes were pit set and newer.. but it had a mix of singles that that dropped it to B and maybe really C on age.. but on management side it WAS A all the way !!

I have all A/B properties and have only had two issues with EM and both were marginal tenants that I was hesitant to rent to but decided to take a risk (this was pre-COVID and EM).