Ensuring that your residents continue to enjoy living at the park is a critical component of success.Regulation - Mobile home parks have unique regulations that need to be understood and adhered to around the sales of homes, seller financing, and other local and state guidelines.

Take some classes on plumbing or electrical or HVAC etc..Step 3 - Find your first house hack.  

Checks on foundation, plumbing, electrical, roof.

Now we have found an awesome place in the mountains, but that needs significant work for remodel (new boiler, plumbing, insulation, bathrooms, windows, flooring, drywall...).

Just read all the HOA rules, regulations, terms and make sure there are no other hidden caveats.Personally, $104 cash flow per month wouldn't do it for me.

Maybe use the $12 a sq. foot method as a basic as far as cosmetics goes (putting lipstick on a pig) and then do a separate analysis for bigger things as far as HVAC, electrical, plumbing, appliances ect.

They are regulated, licensed, etc. 

I'm not really worried about our airbnb in Mammoth (knock on wood) because any kind of regulation against short term rentals here would kill our entire economy.

Hello-- I am a NM Realtor that has purchase 100% a great property- I have the subs & am looking to turn the property in 3-4 weeks- I have been approached by a local plumbing contractor, that has all of the contacts I would need, to flip the next home,....and the next, etc- I currently have about 85-90% of the contractors I would need to keep this going- I can stay slower and steady or possibly bring in this contractor, that has his access to everyone ( granted, I will not be paying consumer pricing on repairs).

Being a Lending and Real Estate Professional, I use several title insurance calculators online to come up with closing costs on Title since they are regulated state wide.