Purchase price $100,000Repairs $5,000AVR $135,000Monthly cash flow $103ROI 12.74%2% rule 1.22

They are only willing to finance a small amount as they say the money down they need to cover the taxes owed from recapturing all the depriciation over the years.What are the rules on recapturing depriciation when a seller wants to owner finance the sale? 

Is it really so easy to get a title for an old mobile home (>10years)?

Sorry, here's the analysis numbers in a more easy-to-read format.

I have to believe this business follows the 80/20 rule, with 20% or so of host/managers producing 80% of the revenue.

Exceed 1% rule.  12,000 / 1,000,000 = 1.2%.

So far that does not seem too easy too find locally, so I am looking at midwest/southeast markets to find SFRs or MFRs to be managed professionally. 

Silly rule.

Electronics are (unfortunately) just incredibly disposable and easy to upgrade.  

If you think you'll be able to remotely manage contractors in Baltimore City, you will lose all of your money, quickly, it ain't easy, that's why the returns are high.