Good choice on Thailand too...it's a beautiful place.As for the strategy - I lived in Pensacola for a few years, but that was before I got interested in real estate...So I'm not too familiar with the prices.

My area is a bit different, all the parks are located on a body of water, either a lake or the ocean.

@Dustin Thornberry what a beautiful area you live in.  

Beautiful area, college town, and a lot of old money.  

Is that body not “sleeping”?!

The beauty of this is by going to a 7% interest rate I would make money on the spread in interest since I am at 4%.Any ideas on how a servicer charges?

Thats the beauty of it.

I just came upon a small, but conveniently located (5-minutes walk to a uni campus with a 25,000 student body and 10-minute walk to a fairly lively downtown, 80k population Michigan city), 3 bedroom home which had solid rental history until the house was condemned.It was condemned due to being at the bottom of a hill, where the retaining wall gave way.  

Account Closed - don't hate me cause I'm beautiful :) lol

Also the back of the home has a 1000sq/ft attached area with a half bath in it (former beauty salon with 6 chairs). 2 hot water heaters 2 HVAcs - 1 meterI spoke with the agent on the property that i personally know and got a tip they might agree to 25k.