We have one other mobile home park and this property will determine my desire to buy more or sell.

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.

An opportunity to buy my second property has come.

You have to know your state landlord-tenant laws; they are on the internet:"In New Jersey, a landlord may need to give a 30-day notice to pay rent before eviction if the tenant has a history of late payments and the landlord accepts them.

You could force the seller to bring it up to code before the sale is complete as one of the contingencies of buying it, let them deal with it.

If you want an ADU, buy a property with an adu.  

And it can work really well for you as long as you pay attention to the statute requirements.In order to defer all tax you are selling investment real estate and buying investment real estate of at least the same value you sold. 

Quote from @Jaycee Greene: Quote from @Mark Daniels: I know in residential lending you can get a HELOC to borrow a down payment to buy another property.

Find Brandon Turner anywhere on the internet for information on it.  

I recently came in contact with a RE investor who is farther down the line in his career than I am. When I asked him where he gets his deals from, he said wholesalers, word of mouth, and bigger pockets. It surprised m...