You have kids - do a 529 plan and max it out You will retire one day - max out your 401k yearly, IRA, Roth IRA (or backdoor to Roth IRA)You will have health expenses one day - max out your HSA From here I'd invest in Real Estate.

While I currently live outside Portland, OR, I plan to begin investing in Tennessee.

The two-count indictment charges them with conspiracy to commit wire fraud affecting a financial institution and conspiracy to submit false statements to a federally insured financial institution.

Does anyone recommend knowledge sources on building a mobile home parks (websites, books, organizations, plans, etc..). 

There's other items such as this where it may be helpful to talk to a CPA/EA for a little tax planning, especially since you'll likely get caught up in the passive activity loss limitations if taking bonus on a single rental property as I often see.It's also useful to mention that even if you do the cost seg study (I'm assuming you're doing one to be talking about this), you'll still benefit from accelerated depreciation in the form of shorter useful lives on the assets where you received bonus from.

Private Money Lenders are going to be hard for a primary residence as it is an investment and typically they want to see a return prior to two years - also, the house would need to be purchased at a discount which would limit your options on a primary residence - now if you are looking for something that needs some work that you are planning on fixing up, it would be a little more feasible.

I want to have a game plan in action prior to reaching out to lenders. 

We plan to renovate it ourselves and turn it into a 1200sq ft 2/1 to STR.

That’s a helpful perspective as I plan out my projects.Thanks again for sharing your insights!

I think this business plan exists in all types of real estate and non-real estate businesses.