Telling me I shouldn't invest in NJ will not be helpful.If this fails I need to pressure them by raising their rent as much as I can get away with and close the laundry/storage area and refuse to let them store crap in the hallways, which will cramp their style.

We have had significant cash flow from day one.I don't want to sound like its all roses, with so many residents there are always issues like :(1) Please pressure wash your home.(2) No you can't leave living room furniture in the yard.(3) Please throw your trash in a garbage bin not in the road.(4) Yes there is a late fee for not paying your rent on time.Soon we will be able to hire a park manager but we wanted to do it ourselves the first year to really understand the business.

There have also been a lot of cranes in the air in Miami recently, with overbuilding likely....being that occupancy is probably 2-3 years out, it’s a definite gamble on the market, and the influx of South American money which saved the condo market after 2008 is no longer strong.

How much pressure should I be putting on myself?

Since I don't own it out right at this time and there is no pressure (or assignment contract) in place, there is no rush to sell.Here are some questions:I've already been offered rent to own offers with a 12% downpayment and high monthly payments.

There is a decent amount of product sitting in those markets but without the savings at which point many buyers would choose location and a little smaller home  There is such a diverse employment base and strong economy around Madison that it is hard to see what may cause a correction, not that it is impossible  Most of the townships in Dane county are Ag exclusive with somewhere between one building site for every 15-35 acres which puts a lot of pressure on existing inventory and helps to boost the appreciation and the more desirable the location, the better the appreciation  It is interesting to me that most of the builders are relatively local and there don’t appear to be any large national builders or even too many regional builders in this market from what I see.

Hello @Nick Love, I’m using BURRR method, Air BnB, and converting SFHs to student housing near college areas.

They had the refrigerator full of groceries, the air conditioner going full blast and beer cans everywhere.

If you’re not knowledgeable in real estate, rehabbing and all of that but you’re sure you got a good deal and you are not under pressure to move quickly then so what?

Using my VA entitlement (I'm active duty Air Force), I was able to get into this deal for What made you interested in investing in this type of deal?