Most larger commercial is on terms or with bank financing so remember that with your contract you get with the seller (get more time and more time for due diligence).  

@Arty Fresh larger institutions will require experience but smaller lenders won't. 

I'd be curious to hear your thoughts from a supply/demand perspective and the idea that deals are going quick because of larger pool of hungry investors (or is it more of a macro-economics things)?

I was thinking my first couple projects to be fix and flips to get additional capital then advance to some rental units/larger complexes.

It's the biggest task I have on my plate for the upcoming years and I have somewhat of a plan, but still trying to figure out the best and most efficient way to get good used homes into m parks at an affordable price.  

I mean with the right property this should not be an impossible task.

Spot on in all accounts including the booking tendencies of larger 6+ bedroom cabins (including pool cabins).

Renovate to the standards of they type of tenant you want in your units.As for the furnace, it seems to me like you have an opportunity to replace it now: everything is being torn up anyway, you already have a budget for larger expenses.In my mind, why tear up and pay for a big, disruptive project later when you have the space, time and budget now.Just my opinion though.

Just outside of Dallas, smaller Texas markets, larger Kentucky markets, and the Carolinas are all on my radar.

I've been working with my handyman for several years now and would like him to not only do a good portion of the reno, but oversee the other contracts for tasks he doesn't do.