A rental property is an investment, pure and simple.

With that CoC return you might as well put your money in a CD if looking purely at the rental income.

What someone doesn’t get in appreciation, they get in pure savings which equals money in their pocket.Just my .02.Thanks for the topic.

Know your numbers, how much income do you need monthly and what percentage of increase is that in your current passive income.I would say if you’re a passive investor, you shouldn’t be spending more than a few hours a week being a passive investor.Real estate investing doesn’t have to be a part-time job, or something purely passive either.

I thought about acquiring a few rentals first with cash so that I could use those rents as income to help get financing.If anyone has any suggestions, please let me know.I am aware of hard money yet it’s difficult to get good lenders/rates for buy and hold properties. non qualified mortgage (non QM) programs can lend to you up to 80% LTV based purely on cashflow no tax returns nor income verificaiton because its based solely on the rental income schedule. 

Some my issues with this are just purely an opinion.

Problem is, with me being new to the business, I'm curious about finding and working with clients who are purely purchasing/selling investment properties.

The downside to that VA loan is that you can’t use it on a pure investment property, so using it on one like you’re looking at is good in my mind, since wherever you move next, you may not find a good MF property to use it on.

I hope the NOI does not include the rent of the park owned homes and it is purely based on LOT rent of both POH and TOH. 

The situation I listed is purely hypothetical.