As a Cap Rate is indicative of the risk involved in owning the property, you want to focus on doing things that make your investment less risky if a bank ever had to take over.You can make your investment less risky by doing some of the following things:- Convert all month-to-month tenants to annual leases- Implement strict minimum rental criteria- Add security cameras- Make large capital and preventative improvements (fix drainage issues, install water pressure regulators, replace old HVACs...you get the picture)- Essentially, prove with action that you are caring for the property on a long-term basisThe only way this is effective is if you document everything you are doing as well.

It's not that lenders do anything on their end to fix your score, but they can pull your credit report and identify the areas that are harming your score and then set up a plan to help you fix those. 

From there, you can do more due diligence by talking with surrounding mobile home dealerships and park managers or owners to get an idea of the market values of these homes which depends on factors such as size, age, location, fix-up work, etc.

Find someone who is working full time (perhaps one who works different hours than you do) to minimize the amount of time you are in the house at the same time. 

My biggest concern is: I would like to have this property cash flow $200 monthly and I'm not sure if the market would be able to support that high amount of rent.

Pay me thousands of dollars and I'll set up your website to fix that. 

December witnessed an extended time on the market for homes, marking the first increase in the average days on market since the beginning of the year.Decreases Amount of Home Sales and Listings The narrative of falling home sales alongside listings is underscored by the continued drop in mortgage rates.

Some of your questions seem beyond the scope of this discussion, but I will try my best to address your questions.Growing new inventory, this is a fact as everyone can see in Miami the amount of new high rise apartment / condo construction is staggering.

Putting your real estate holdings within an LLC might protect your personal assets in the event that you are sued for your real estate endeavors.Before putting their property into an LLC, some investors choose to wait until it has increased significantly in value or developed a sizable amount of equity.

Whether you're interested in wholesaling, fix-and-flip, buy-and-hold, or other strategies, there's a wealth of information and a supportive community here to help you on your journey.Clearly identify your short- and long-term objectives in the real estate market.