I am fairly confident I can rent this out on AirBnb for around $120/night on weekends during warm months and $80/night midweek and get a fairly decent income from it - I'd estimate conservatively being able to net $1,500/month on average from May - September and $800/month October through April (would love to find monthly tenants, but acknowledge that won't be at 100% capacity during off months).I put in an offer for $40k, which is what I feel like the house is worth in its condition and location - there are a lot of houses in similar condition but with more square footage (this guy is just 650 sq ft) that have sold in the $20k-60k range in the last year.

A lot of times, the permitting is limited to usage and monthly's use more than the daily's so you want to make sure you're allowed to take on the park in the capacity you're looking to achieve.I hope that helps.

If you or anyone you know is looking to hire in any capacity please let me know, I am open to any opportunity and would cherish the chance to learn the industry under a more experienced investor.

After cleaning out the many (40 plus) abandoned units, we raised rates incrementally and filled to capacity.

I am certainly not at a max capacity.

You should be focusing on making sure your 3 properties are cash flowing at maximum capacity and I would be putting money in to reduce the future CapEx instead of trying to get creative to get another property.

They know their capacity and are at it.You really have to be extra careful when considering people who recommend themselves. 

@Bruce WoodruffHi Bruce, The water came up thru the city main when the sewers reached capacity during a recent storm.

A majority of apartment rental communities are also at 99% capacity, their highest records compared to 1 year ago. 

At 90 to 95% capacity I would question doing U-Haul.