Hi Sara, Ultimately, the decision to keep the property as a rental or sell it within the 5-year window will depend on a combination of financial, market, tax, and personal factors.

The issue we have with some OOS investors is that they never have seen their property in person, they just leave it to the PM and object every repair bill.

.: Are you expecting the California government to use taxpayer funds wisely, the same government that spends $42,000 per homeless person?

Here is one I added to this list specifically resulting from this transaction:      Are there any persons or pets presently living in any of the units that are not included in the lease agreements?

That all revenue generated would have to stay in the company and couldn’t be used for personal things.I’m trying to find a way to use my God given talents and the only one I seem to have is in Real Estate hahaha.

I thought I would be able to get more life out it at the beginning.

Nice part about SMR is they accept money orders (which we know many MHP tenants like).Never collect rent in person.  

I worry about not ever being able to see the property in person and relying on managers to let me know what is going on.

Personally I don't care of someone got permits to do something. 

I'm going to go against the grain here as I often seem to do...I personally hate the traditional turnkey model.