Meanwhile, another local credit union starts to buy the market, but it's not like you'd know it since there are no TV commercials for mobile home park mortgages. 

As the unit owner I'm not buying the cheapest POS parts and hiring the cheapest company to install it... and thats what most tenants will do. 

I'm not close at all to being financially ready to look at purchasing properties, but I would love to connect with fellow members of the community, especially any New England-based investors that look to invest in buy and hold properties out of state.

WE are venturing in the Philippines with a view towards retirement - having properties that will pay for itself, a place to stay when we come to the US and buy & Hold for our future retirement or our kids in the future. 

Your numbers and your realtor's numbers are obviously more hopeful than realistic based on the evidence.You are either buying in too high or spending too much on reno.

So, you want to lock things up that are on the open market that anyone can buy, then sell them to someone else who could have bought the same property on the market, at a higher price than you paid for it?

When you compare rental prices to actual home prices, or your acquisition cost buying the property to the rental income produced, you'll usually find the ROI higher in Albuquerque.

I buy low end properties and turn them into middle income/working class rentals.

I mean I could buy 10-12. 

I am planning to buy rental property in Birmingham AL.