Instead of focusing on the 2% rule, I have seen many investors aim at recieving a certain amount of cashflow per unit/bed.The first property I bought cashflows $400/month and is a 4-bedroom, so $100 per bed.

Also, don't aim for $xxx per door.

Sorry premature post, lol. ...If you have to go to a house alone to estimate, measure rooms height x width, take pictures of anything not in good-great condition, check and get pics of major systems (plumbing, heating/cooling, electrical) get good visible pics of each room, check for dampness/water in basement, check sill plate for rotting/termite damage, and take pics of the yard, the house, the neighbors houses/yards and the street up and down.

Preventive measures will have to be in place at some point on the part of the hotel industry.

Get carpet from them 2 years ago, same deal, prices are really high, for their quality of carpet, they measured way too much carpet, end up costing more than Home Depoe, for the same quality.

And 36 Other Key Financial Measures by Frank GallinelliGood luck & see you around the forums.

I like that you have a clear and measurable goal, it makes things real.

I am also glad this was my first transaction inside a MH park because it set the bar at a level I continued to aim for throughout my journey.

If you are looking for hitting a certain debt to income ratio, then aim your rentals there as well.

And 36 Other Key Financial Measures by Frank Gallinelli - This book helped me learn all the terms I needed to know to be able to analyze a deal properly.See you around.See you around