Also saying that they seem to be aimed towards long term buy and hold

Other landlords in my area aim for a pet fee of 10% of the monthly rent, which they usually get.

I aim to purchase and owner-occupy a 2-4 unit property by the end of the year.  

In my opinion, just one calculation in several that need to be considered when measuring risk / return on an asset.

As old saying goes measure twice and cut once.

I want to get a sense for what kind of numbers I should be aiming for to actually turn a profit from my investing/time. 

The managers have run several successful funds to date, data and numbers all supplied and are leaders in MHP space.The investment is aimed at 5-10 years with sale of properties as final goal.

I talked to a friend of mine who's strategy is to pay cash for single-family homes and rent them out aiming for a 12% return before expenses.

If you are aiming for the quality national credit tenants they typically want co-tenancy with other quality retailers.

Also, we do find properties that would make great flips but they make even more profit as a development projects.https://www.theurbanist.org/2015/02/04/measuring-success-on-the-urban-villages-strategy-part-1-what-its-all-about/ http://blogs.seattletimes.com/opinionnw/2015/01/29...