Given that you clearly have a good grasp of the mechanics, I agree that if the value is peaking and you'd eventually just have to re-buy the property from the government, holding on to it long-term is maybe not the best course.

I have absolutely no knowledge about mobile home parks, but it sounds like a great plan!

Hi everyone,We are a total newbies to mobile home parks, and desperately need an advice.We are looking at buying small park in north part of Florida, with 11 sites (2 tenant owned, 9 park owned), well and septics.

What loan has the best advantages for purchasing and setting up mobile home properties as rentals?

Once that deal is complete, I'd like to make the jump over to real estate investing and really focusing in on creating passive (as much as possible) residual income.I have no personal debt other than my mortgage, and I plan to work while getting started with this investing.I'm very interested in mobile home parks, self storage, and any other similar types of investments.

I used to buy mobiles and sell on contract.  

You will need permits for sure and mechanical drawings.

Anybody heard of a frivolous mechanics lien?

But looking at the more likely impact of self driving cars, this will come in the mobility of the elderly.

I will be doing most of the rehab myself but I will need a reputable HVAC mechanic and painter.