Mobile Home Park Retirement Income?

[Robert Burns]

I'm working in a variety of RE Investment areas (wholesaling, rehab/flip & lease options) all of which have erratic income streams. I'm leaving my full time job next week and considering investing in a mobile home park using part of my investment porfolio in that I'm only getting 5 - 10% return on my investments.

I want to establish a $3,000 - $5,000 monthly postive cash flow to supplement my other investments. I need feedback from experienced mobile home park investors in the following areas:

1. Is a mobile home park a good investment for retirement income?
2. If so, how do I find good potential mobile home parks to invest in?
3. How do I evaluate the mobile home park in terms of selling price and return on investment?
4. What is a good cap rate for a mobile home park?
5. I have about $50,000 - $100,000 available as a down payment for a park. What would that relate to in terms of a selling price for a mobile home park?
6. How much annual income should I expect buying a park with $50,000 - $100,000 down?

I live in Baton Rouge, LA and would consider buying a park within 100 miles radius. Does anyone know of any good parks for sale in that area?

Thanks