Few things that popped in my head:1.

It's mom and pop, and he's only charging a standard rent.

One thing I have found is that on market deals are tougher to come by, and when they do pop up you are facing a good amount of competition assuming the property is priced correctly.

The RV is a 37' long, turbo diesel powered, with pop-outs, TV's, full size bed, and a kitchen. 

When you call their customer service number, you're on hold for 12-15 minutes before an automated system pops on to tell you "no one is available to take your call." 

Give Jason an email here https://anchorinsurancefs.com/Otherwise, definitely take a look around some of the local FB groups where these questions pop up!

Hey everyone just to give an update on the game plan for this rehab now that it has actually started: Rightnow paint for cabinets and the unit is running around $300For the new countertop I decided to use pop and peel tile the high quality type to put over the existing tile and it worked out very well and looks nice including trim: $100*side bar about the pop and peel tile the have a very sheek black marble one that went great with the color scheme of the kitchen and I went ahead because it saved me about $500 on a new countertop* New vinyl plank flooring required me to cut some carpet to do it but the cost was not terrible at $700Electrician had to come in and put in a designated outlet for the dishwasher and the tankless hot water heater for the bathroom vanity since it did not have hot water. $350Dishwasher and installation: $650two ceiling fans: $200New Vanity: $200Total cost: 2,500 Increase in rent from $925 to $1200

I think you are better off waiting until something that fits your needs pops up on the market or trying to find something off market other than settling for an overpriced property is a bad area.

When deals pop up, you need to let them know and make a showing (or contract) happen asap. 

Here are the facts:We added 1.7m jobs in 1st quarter 2022Unemployment rate decreased to 3.6% 5.6% wages growthRetail sales are strong at 16%There are supply bottlenecks that are years from housing supplies meeting demandBut :Some operators are already experiencing BOV (broker opinion values) coming in lower than their expectations In a prior survey by Marcus & Millichap most buyers say they are no longer to be buyers if interest rates increase by 250 basis pointsNobody knows when the housing bubble will pop.