Knoxville's pricing floor relative to the dollar will keep it healthy; still a net decline YOY but not bad at all.

Many operators find that grouping daily, weekly, and monthly tenants in separate areas works best for maintaining a healthy community.Managing tenants in an RV park comes with its own quirks.

If you’re working on keeping your DTI healthy by reducing debt, boosting income, or restructuring loans you’ll be a much more attractive candidate for financing.If you’d like to see how your numbers stack up with today’s loan programs, or just want to share your thoughts, let’s chat!

You’d get some cash to leverage when opportunities pop up without locking yourself into a bigger payment until the timing is right.Since your goal is building semi-passive income and long-term freedom, I’d focus on keeping cash flow healthy and options open, rather than just pulling max cash immediately.

I am in my 30s, thankfully married, blessed with two healthy kiddos, and a lover of the outdoors.

After 35 years I’ve developed a healthy respect for this business from the school of hard knocks.The day I’ve discovered this business is easy or simple will be a good day to retire.

But as said it has to convert gross too net at 60% or better, proving a healthy operation that just needs more fule on the fire not revamp or rescue of operations. or worse yet, a non viable or descending market. 

Assuming I owner finance and balloon in 5 years but amortized over 30yrs this is what GPT came up with after punching in some numbers.IncomeAnnual Gross Rent: $77,400ExpensesInsurance: $4,800/yearTaxes: $2,772/yearMaintenance: $4,800/yearOperating Expenses (excl. debt): $12,372/yearDebt ServiceInterest: $33,960/yearPrincipal: $9,648/yearTotal Debt Service (Principal + Interest): $43,608/yearNet Operating Income (NOI)77,400−12,372=65,02877,400 - 12,372 = 65,02877,400−12,372=65,028NOI = $65,028/yearPerformance MetricsCap Rate (on $800K value): 8.13%Cash Flow (after debt service): $21,420/year (~$1,785/month positive)DCR (with full debt service): 1.49 (healthy)SummaryWith debt fully accounted for (interest + principal), the property still cash flows positively at $21.4K/year.

If it’ll likely be minimal, I wouldn’t bother with it unless the cashflow was going to be very healthy.

Because if im offering a fixed price, you can be sure i am building a healthy margin of error in that fixed price cost estimate.