After diving in, and picking up a few of my own income properties this year I've found myself saying "Every 25k Cash, Brings 10k Annually"(For homes in the 100k range).

If you're a "good" wholesaler, you can get properties for much deeper discounts.

I've been hearing of  biggerpockets for a few years but I was always intimidated by the industry jargon and my own excuses  I'm glad I've finally dived in  

If they're appraisals by appraisers for the purpose of determining market value, then I would dig deeper as those are typically based on comps, and if you can't find comps then where are they getting them from?  

If all this is intimitating, you might want to look at performing loans, great way to dip your toe into the water and get aclimated before diving in head first.

@Max McNally That's awesome - congrats on making the dive!

I too am new, and live in Seattle, and am looking into gathering knowledge and diving in next year.  

Do not jump in the deep end before knowing how to do calculations like cap rate, ROI, COCR, etc.Even numbers can lie, and make sure you can verify the property values, projected rents, etc. before you dive in.

Two letters came back and updated my table to dig deeper into the contact info for them.  

You both have gave me a lot to consider and I will be re-thinking my approach with the MHP owners before I dive into it.