Hey Kayla, glad to see and connect with other students with similar interest. 

Has anyone had a similar experience?

For instance, in places like Austin or Chicago, I’ve noticed similar deals pay off when you have the right property management systems dialed in.

I have similar question- We own MMLLC (husband and wife) and would like to cash out refinance. 

I did get lot rate for a similar rural park that is about 40 miles away, and they charge $350 per month, which is decent. 

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

I found similar patterns between all 5 companies: namely, they had taken on too many units, were over-charging me for things I didn't need, and weren't handling issues correctly (they would send out vendors who didn't know what they were doing, mis-diagnose issues etc.)No disrespect to the PMs on this chain or BP in general, but any third-party manager won't perform exactly the way you would like them to simply because of the constraints they are faced with as far as having so many units and owners to keep tabs on. 

Bit of a crossroads here, I'm hoping someone with a similar situation could chime in.  

And what is the cap rate for other similar properties?

Did you learn something similar?