Yes, we are in a recession.

Marion oaks has become harder to rent because of the amount of competition but I like it for long term because that is the side of town with the most growth.  

We are purchasing a house with the intention of living in the house for a year and turning the property into a rental.

The opportunities are endless and an investor can do a 1031 exchange in any city and any state in the US as long as its held for business or investment purposes.

In the letter we thank them for their tenancy, advise that we are the owners and all inquiries concerning their tenancy should be addressed to us.

I spoke this evening with a Sotheby's agent in a market we are interested in and she was very down on the idea of STR, telling us that the competition was too much to make any money unless you had at least a 3BR.

We are in a recession. 

Plus some of these are on ground leases, which can create financing issues down the line.I have nothing against manufactured homes, but I think it would be beneficial if there was a comparison for short term and long term historical performance on both rents and value.

It seems PMs don't make a ton of money for all that they do and their incentives don't always line up with investor's incentives (i.e. getting paid more for turnover in terms of tenants when I'd prefer no turnover or vacancy).Sorry for the long intro, but having said that, I have a few questions...   

@Joseph SheahanI can speak to the refinance portion: As long as a guarantor with good credit has at least 25% ownership refinancing should be an issue.