No way am I paying $80k for $120k in a depressed area where you literally can't go one block without finding an "open house" (home with a kicked in door left wide open).

If you want to use my attorney, he does nation wide.

It began being used by SF sellers about 20 years ago (in my experience), and as SF investments have begun to be commercialized, particularly by REITs and hedge funds, it has become more widely accepted.   

I recently purchased a single wide in a park for $1,500 and have done these deals as high as $50,000.

In a lot of markets (I would say nation-wide) the rents have outpaced income.

Even so, you still end up with a wide margin in diversification and monthly gross :beer: As always, thanks for sharing!

At the same time they are often too small an area to look in for good properties, you want to cast a wide net when searching.

I don't see this with new construction inventory homes we have one for our new builds in Oregon  specifically for the lumber package which in our market is the highest priced item.. and most volatile with wide price swings.. all of the pre sold new builds in our market have this.. once the home is done and priced then of course the price is the price and we garner the 50k appreciaiton..

If not the STR needs to be placed in the right entity ASAP, without it you're wide open for a lawsuit!

HOA fees can vary widely based on factors like amenities, services, and community appeal.