Ask to speak with some of their current owners and current/former tenants.

Most of our owners / investors are out of state and several in Colorado as well.

Obviously the ideal way would be to split the lots and rent the lots to mobile home owners but that seems like a very small market.

I just attended a 7 hour Anderson webinar yesterday and the two owners gave a phenomenal presentation for free.

This is also apparently going to "be a thing" with airbnb portfolios as I am currently working with another owner ready for retirement.

In any contract you don't typically need a clause saying what you CAN do, its assumed you can do anything legally allowed as an owner including sell.

I believe it was said in James Bond movie, Casino Royale "It's not about the money, it's about knowing who you can trust".

To be honest, I´m in the Maintenance & Construction for corporate businesses for some US companies in Mexico and we do some Real Estate down here also, but it´s way much different than the US, so I have much to learn from a lot of people around here and as @Julio Gonzalez, I think this is pretty much the right pad and place to start and to break my fears to start all over again from scratchAlso, I´ld like to hear more from @Justin Brickman why he voted for his city, pros and cons, it will help to read from a local...As I said before, thank you all guys for taking the time to write in this post and share some experienceDo you plan to owner occupy. $40k will not get you a non owner occupied San Diego property unless you find some unlikely alternate financing.

Try networking locally with real estate groups, investor groups, rental owner associations, a local REI, etc. 

Hello,My wife and I recently found a property that fits all of the things we are looking for, perfect location, price, rooms, etc. except for one problem: The previous owner was a smoker :( Does anyone have experience buying/renting out/living in a home previously owned by smokers?