I recently purchased a mobile home as an investment property and there's a lot of maintenance that needs to be done throughout the year.

I plan to manage using a landlord app (currently looking at RentRedi) to help with listing, tenant screening, rent collection, maintenance requests, etc.  

Getting all of your money back out on this market is not realistic, at least in our market.You should expect to leave 5-20% in the deal.However… you end up with less than 25% down, a fully refurbished unit, and a top of the line product for tenants.This strategy allows you to control your two most variable cost, maintenance, and CapEx.Personally my focus on a BRRR is beat the down payment market by 5-15% and have a fully updated unit I won’t have any work to do on for 5-7 years.All the people that want to turn 40K over and over and over and finance rehabs are going to spend a lot of time looking and not a lot of time doing.

On this kind of property, the tenant turnover and maintenance will swallow most of your cash flow. 

Seeing as my cousin is NOT a real estate investor (he and his wife were living in one of the units and the maintenance and expenses just became too much of a headache), I'm looking for your help. 

Maintenance goes out and finds that a large snake found it's way into the dryer via the outside vent. 

That does not include all other fee, keep in mind that STR property managers deal with the high turnover, maintenance, repairs, cleaning, dealing with all the furniture, appliances, services like cable, internet,  and all other amenities including pools if you have one. let me know if you need a referral to a STR property manager or if you have any other questions.  

I've had to walk tenants through some basic home maintenance situations as well.

- airDNA forecast increasing, >$550/night by 2021)Short term Rental Fees:-Property Mgmt (20% of revenue)= $1900.00 -Local tax (13% of revenue) = $1235.00General fees:-Mortgage Principal+Int: $1578-Insurance(monthly): $160-Property tax(monthly): $317-PMI: $200 -HOA: $0-Maintenance: $500/month -Utilities/electric: $250-Utilities/grass: $150-Utilities/water: $100 -Utilities/Internet: $70 -Cap Ex (saving 5% of revenue): $475-Vacancy (Saving 5% of revenue): $475——————Total: $7410$9500-7410$ = $2090 cash flow/month on average ——More traditional rental, eg month-to-month: 4 months per yearRental IncomeUnit 1-(3 bd/1ba): $2500/mo Unit 2- (1 bd/1ba): $1100/moUnit 3- (1bd/1ba): $1000/moTotal: $4600/monthGeneral fees:-Mortgage Principal: $1578-Insurance(monthly): $160-Property Mgmt (10% of revenue)= $460-Property tax(monthly): $317-PMI: $200 -HOA: $0-Maintenance: $500/month -Cap Ex (saving 2.5% of revenue): $ 122.5-Vacancy (Saving 2.5% of revenue): $ 122.5Total: $3460/month$4600-3460= $1140/month in cashflow on average

One thing that is a little clunky are managing invoices and reimbursements for maintenance.