Lot rent fees are $220 a month and park owned rents vary in the $500 a month range.FutureThere are many improvements for DMHP coming into Spring 2019.

How do I know I am making the most efficient strategy? 

Your scenario doesn't answer improvements/capital repairs.Seller financing is usually short term 3-5 years with a balloon note. be prepared for 1 or 2 properties to eat up your cash reserves in a recessionRental occupancy and rates may decline in a recession

I find the most important thing when going through the rehab is to make sure you are not over improving the property relative to the other rentals you will be competing against.

Exterior/amenity improvements, unit interiors roughly 50% of the total, add 3 additional units in storage space.

Exterior/amenity improvements, unit interiors roughly 50% of the total, move leasing office from unit, to extra space in building next to laundry room (making laundry room much smaller with new laundromat next to property)

I am hoping to add some simple/cosmetic improvements to the house for a good ARV.

It allows you to buy properties for less, because of their condition, improve their value, attract better tenants and create equity in the process.

So focus all your energy on acquiring leads and becoming knowledgeable on market trends, contracts, negotiations, and networking.

I am utilizing PODIO CRM for staying on top of my leads and ensuring I process them to closing in the most efficient way possible.