Question about renting out an Rv.

[Antonio Rodriguez]

First off, I am new to real estate investing. 

I have a younger brother that attends college in Corpus Christ Tx. Instead of paying outrageous amounts to live in a dorm, he bought an old RV and parked it in an RV park. He has told me that this is a trend among most of his college friend. 

I know of a place in Texas where I can purchase park model rv's for 7,000 to 10,000 dollars. Would it be possible to purchase an Rv, rent a lot in a rv park then rent out the Rv. I understand that after lot fee and maitenence that my profit might only be 200-250 a month. 

Once again, I am new to this. I am just trying to get my foot in the door and generate positive income

[Leslie A.]

I do this. I have seven rented in parks right now.  I do have a partner that does all the repairs. 

I get an average profit of $400 a month for mine. But so far we've paid less than $5,000 for each of ours. We charge weekly (to get more rent) with 3 month or longer leases.