Hi Lorin -You did a better than most job in outlining expenses.

So are you saying they did not provide all the things outlined here?

Personally, I wouldn't consider it or look to make it work as outlined simply for the fact a 5% price adjustment a year out wipes away any potential profit not to mention any possible concessions to close. 

I think @Arianne L. outline the thought process well. 

There will be instructions on my website that outline options for returning applications (in-person, by mail, and by email). 

I asked all these questions when we first began our search for an investment property and it wasn't clear to me that the terms would change if we purchased a 4 plex as opposed to a SFH or duplex... not necessarily trying to pass blame, but having never been through this before, I had no reason to believe that would change the terms she had outlined for me.

What percentage of parks meeting the criteria I outlined would you estimate are above this tipping point?

I see that you are prepared for work, by absorbing the trove of info on the site and now ready to take action.You have a roadmap that outlines where you want to go and the timeline to get there.Nice!

Outline where you want to be in five years.

Based on your personal situation, as outlined in your post, the last thing on earth you will want to do is invest in income real estate ownership.