These run anywhere from $500- $1,500/month, depending on the pacakges/add-ons.

We had some smokers in our house once and I kept their $500 damage deposit for breaking those rules that are clearly stated.If you don't have a damage deposit, I would add one but I would also pull that Booking.com listing.

My recommendation: focus on house hacking plus a simple BRRR-style value add on renewal or turnover, keep expenses tight, and start raising private money by sharing your story and numbers.

Offer paid add‑ons that don’t disturb units now—secure basement storage cages, locked bike area, and coin/ app laundry; upgrade to reliable laundry units if maintenance is high.

I’m considering a 1031 exchange and would like feedback from investors who have experience with mobile home parks, particularly smaller, park-owned operations.Current Property (Selling):Duplex purchased in 2021 for approximately $145,000; estimated current value around $210,000\Loan balance: about $90,000Gross rent: $2,400 per monthNOI: approximately $16,000–$18,000 annuallyCash flow after mortgage: around $750–800 per monthLow management requirements and stable tenantsReplacement Property (Under Consideration):Seven-unit mobile home parkAsking price: $395,000Rent: $750 per unit plus $40 for water (total $5,530 per month; $66,360 annually)100% occupied with long-term tenants, several in place four to five yearsAll homes are park-owned, purchased between 2016–2018 with metal roofs and Hardie sidingOwner pays water and sewer (aerobic septic); tenants pay electric and trashMaintenance handled by one individual for $400 per month using personal equipmentGravel road, well maintained; potential to add one or two additional homesMy Pro Forma:Vacancy: 5%Expenses: approximately 40% of effective gross income (includes water, insurance, taxes, maintenance, mowing, etc.)Estimated NOI: $37,800Financing assumption: $255,000 loan at 8% interest, 25-year termAnnual debt service: approximately $23,574Projected cash flow: about $14,250 annually ($1,188 per month)Cap rate: approximately 9.6%Cash-on-cash return: around 10% on $140,000 downDSCR: 1.6 (strong coverage)If the price can be negotiated to the $360,000–$370,000 range, the cash-on-cash return improves to roughly 11–12%.Pros:Consistent, well-maintained units with matching exteriors.

Maybe add one for one side and the other for the other side when you have some more capital. 

. 🏢 Management Add-On Fees: Late-fee splits, renewal fees, maintenance coordination charges — those small “extras” in your management contract can add hundreds per year. 🏠 Insurance Reality vs.

If you dont have the $ down, buying a value add on HML is also a good option, you could refinance with the equity that you added with the rehab. 

I’d add one more tip: don’t forget bonus depreciation and cost segregation if your property qualifies.

Now add on my primary unit in Brooklyn and I’ve really exhausted most tax deductions.