@Ralph R.

I have done some diligence on Parks exactly like this - the POH are a disaster and you're going to end up effectively moving all the POH out of there since they're already worthless and have to move in nice(r) ones so you can get better tenants and rent rates.Also when you're renting like that the area typically isn't nice and there is lots of crime, which means you have to spend money on fences and bushes with stickers to deter people that want to smoke crack in your homes when they are vacant.Capital intensive and cannot get financing.  

@Josh R.

For someone starting out does it make sense that the first Buy wouldn't be financed...the R of Refi only makes sense if you aren't already financing that first purchase....Yes?

It is zoned R-12 and the apartment is listed on the tax card.

@Matt R. 

Hey @Dave Visaya ,Thanks I ready through the entire PDF and definitely got some good insights into the various types of r/e investments and the marketing involved  . 

@Andrew R.

Originally posted by @Justin R.

Alex R. advice is probably spot on for Michigan and most of the country.