You can increase returns with leverage (that is a mortgage) or with value add (renovations, additions etc).I think cap rates (rents minus expenses divided by purchase price) on commercial and industrial is higher with less work involved, but its more expensive than I can afford--so I know next to nothing about that land.

Land is valuable as I could purchase a new mobile home and install and less costs since utilities are already on the land. 

Just keep a good record of your SREO and hang onto the HUDs that you've had from both your purchase and your sales.

Purchase price: $115 Cash invested: $17,000 This is my first fix and flip.

Quote from @Paul Whitehurst: Many will tell you to borrow money from Property A to purchase Property B, but that's known as over-leveraging and not recommended for a newer investor.

- Look into if property taxes are reassessed after purchase.

With a purchase price of $250k, your rent is WAY too low!

My name is Ashley Kroft and my mother-in-law has a property in El Paso, TX that will be refinanced soon to purchase my husband and I's first rental property.

Purchase price: $252,000 Cash invested: $63,600First buy and hold.

Have you always invested in owning the parks, or have you purchased some individual mobile homes in parks you haven't owned also?