Which puts your 50 pad park for 700 as a fantastic deal.To everyone looking to get into mobile home parks like Tim I wholeheartedly agree that taking Frank and Dave's mobile home park University course in person is a is a must do.

Regarding final punchout projects, that may free up some of your time but it also gives you an opportunity to observe the almost finished product to help maintain quality control.

Too much is out of your control. 

The bigger threat on the horizon from that is less about whether your house was a bad investment (inflation will assuredly make it a good investment from a leverage perspective) and more about how miserable you and your tenants will be when you can't buy anything because supply is diminished and inflation is spiraling out of control.

Since there is no custodial requirement for the 401k, you don't need the additional expense and administration of an LLC to obtain checkbook control.

If the items left behind are valuable like cell phone charges, bluetooth speakers etc, I go out of my way to get them returned.Only once has a guest decided they didn't want their shirt, jacket, charger, speaker, makeup bag, backpack, Switch controller etc back.This is the kind of good customer service that gets you the 5 star reviews.

I really want to turn those properties into Airbnb listings due to promising ROI and no HOA restrictions … The biggest challenge for me is to hire someone on the ground to set it up and coordinate with vendors, for example running errands to pick up the keys from my agent, purchase / receive / assembly furniture, installing smart lock so I can have full control over my property remotely..

Using your example, is it reasonable to  earn 20% of the controllable gross paid, in this case, $541, or $108?

We were able to get it for a great price, clean it all up, have pest control get rid of the roaches, and repair all the damages myself for only a few grand. 

Some little 10 person office might control billions of real estate.