Financial planners or mortgage advisors can offer tailored guidance based on your unique circumstances.

If you really want to micro-manage, then self-manage and save the 10%A good PM would have explained their documentation procedures related to repairs before signing. 

Property taxes can be a huge impact on your cash flow based on the city you buy in. 

I guess my question is; if they don't show to the execution and it's declared abandoned. what procedure is done after that, the removal of belongings and that's it? 

However based on your questions I highly recommend bringing in a partner that has experience at this en devour.. developing  a park takes a special set of skills..

As a fellow New Yorker finding deals here that work is few and far between and that is why I invest and work for a company based out of Lexington, Kentucky.It's a great market and fast growing and their is still a ton of opportunity for great deals. 

Specifically, use the lessons from this experience to beef up your lease and tenant screening and management procedures—this will ensure future tenants are reliable, and that you have maximum leverage in the rare instances when a tenant doesn’t pay.

My hunch is that it would require both of us there, and might be the case based on my initial research.

However, when it comes to selecting a lender solely based on leverage it’s important to understand what’s included in each lender’s definition of loan to cost.

When building an SFH, we had plans appraised and then went from there going from draw to draw based on phases the banks requested.