There are privately managed motels that do "ok" but their rates are DIRT CHEAP to be able to compete and their occupancy isn't even close. 

how will they manage the property?

Are there any actually good property management and accounting software for Canadian landlords?

Only later did I decide to use leverage and refinanced with Washington Mutual.

My name is Paul and I'm the Director of Marketing for Oakwood Management Company, the largest PM in Central Ohio and Columbus with 12K+ residential units under management. 

Does one have to manage there margin, HECK-YEAH, but to randomly decide any with a mortgage are failing in some manner is BONKERS. 7.

It has worked great for me.The only downside I see is the potential for damage and also the long orientation that has to be done if renter's haven't used an RV before.My wife and I considered buying an RV to mostly rent, but decided not too as they were very hard to purchase last year. 

Hire a property manager

You can talk with someone at the VA regarding this, but you will likely need to ask for a manager a few times to get the answer.I havent assumed any VA loans so thats bit outside my knowledge set, but they should be able to answer your question fully.Did the prior owner live there for at least 1 year?

Hi Kevin, I'm an investor agent and property manager in the Huntsville AL area.