I am looking at a mobile home park in CT with the following details:- 18 spaces fully rented for $455 / month (received as an HOA - owner does not own the mobile homes but rents the spaces and includes utilities as part of the $455 fee)- Separate unit on the property:- 3 offices rent for $400 each / month (currently rented)- 1 apt bedroom for $800 / month (currently rented)- A storgage shed that gets $1400 a yearTotal Annual Income = $122,400Total Annual Expenses = $92,701They are asking $1.2M for this property, and I am new to this type of investment.

What types of homes are you looking for in the North Carolina area and are you looking for flips or "buy and hold".Donnell Suares

Oh, and something else that i thought of...BTW, don't get too caught up in one particular lead type.

What type of property?  

I don't do lower income rentals anymore, learned enough lessons with those types of tenants in Fl.

Why would any able-bodied person not have a job for a whole year.....He is a LOSER!

We are both experienced with various types of home building and improvements.  

What would you consider the a/b areas where you will get professional type renters?

A lender that mostly does white picket fence FTHB type math isn't going to cut it. 

I handle all types of escrows statewide, let me know if I can be of any assistance. :)