You have limited time to complete the transaction before the sale.

It’s a great way to measure if the investment is worth it!

4) If yes to #3, then may I have the link for such a information from a Limited Partner perspective? 

@Darrell Overly  there are certainly enough mobile homes in the area around phoenix (East Mesa/Apache juction) but your issue may be the age of the homes and any limitations the park has on renting.   

Such cities tend to have lower prices that rise slowly due to limited demand.

I have used ALE successfully but 4X rent is not what we got we got 2X there is a limit in the insurance polices as to what the insurance will pay but its a decent move at least it was for us

I made cash only payments and use envelops to measure my expenses. 

Transfer it into a Roth IRA 6.5k as you are able (IRS contribution limits will make this take a while).  

I agree with @Ali Boone that turnkeys can be a great option for new(er) investors, particularly those with limited time and expertise to tackle more hands-on approaches.  

In reality it was quite a number of other people doing it together and the person making the post only owns a small percentage and they’re really making the post in order to gain limited partners.