To fill a vacant mobile home park lot typically requires bringing in a home and selling it, while filling a vacant RV park lot simply means somebody pulls in their motorhome or travel trailer.Think of RV parks more like owning a restaurant (and the hands-on management that entails) while owning a mobile home park is more like owning a parking lot that rents spaces out monthly and is much more passive in management.Some people just prefer one business model over the other.

Here's some helpful perspective, gleaned from experiences in many areas of tax & financial, without addressing the specific company and trademark that are being discussed.Establishing a 401k/QRP for someone that doesn't qualify can entail tax risks that greatly outweigh any purported benefits of 401k/QRP. 

On the other hand, Option 2 with the BRRRR strategy entails owning a single property outright, building long-term equity, and potentially cashing out through renovations, but it's a slower ride, relying on successful renovations and favorable refinancing options, and you're starting with just one property, which may limit your income potential.

With a background in retail and customer service, I believe I possess skills that could be valuable in this field.However, before diving headfirst into this new venture, I want to make sure I have a clear understanding of what exactly co-hosting responsibilities entail.

This entails building personal/working relationships with people successful in the field.

What do these even entail & what are your qualifications?

Yes, real estate entails some cost, but also provides greater returns at lower levels of risk in exchange for these costs.

This entails carrying out in-depth market research, examining prospective properties, and drafting a comprehensive investment plan that details the risks and possible rewards.Establish Credibility and Trust: It's critical to establish credibility and trust with possible private lenders.

This entails furnishing bank statements reflecting ample cash reserves to cover the property purchase and potential rehabilitation costs to get the project started.

Even if the 17.9% was real net which it clearly isn't, the actual dollars can't begin to overcome a big downturn in value--and unless you get a big gentrifying shift in the neighborhoods you are essentially buying an investors commodity with all the risk that entails.