Consider it paying tuition at the school of landlording and move on.

I live very minimally at home currently, still with my parents, so I would only be spending about $350 a month total, including the loan (assuming I can get it for the time period I calculated, which is 3 years), so I would still be able to put aside about $11,000 for school, a car, and the downpayment for my first deal. 

Evaluate historical and current vacancy rates, aiming for decreasing trends.Demographics: For younger populations, focus on proximity to parks and schools.

At the moments, I'm looking at 2 properties both in California:-  First one is a beautiful, bigger home, completely high-end upgraded, in a higher value area with a good school district, and of course it comes with a higher cost to buy, rent can only cover the monthly expenses (mortgage, insurance, tax, etc), this one is expected to have higher appreciations in the long term.- Second one is a decent remodeled home, smaller, in a lower value area, I can get it without financing (pay cash), so it will cash flow (about $2200/moth after all expenses such as tax and insurance), it also has a potential for an ADU, but future appreciation is not as great as the first property due to location.

I like mobile homes and people seems to like it too, or maybe cause one of my mobile home is by the lake, and the other one is in a Nice neighborhood and a very good school district.                                                          

The school district, and neighborhood are top notch!

Wow I actually played high school football with the guy hosting this. 

For example it is waterfront, is a flat cleared lot next to a tourist attraction with insufficient parking, it is positioned next to a church or other type of building that may need overflow parking, in between to meticulously maintained houses, or in an amazing school district.

Why is there no mention of the good schools in this area?

Then you make your first million and think being frugal with investments you could never work another day in your life.Then the millions tend to turn into tens of millions but you are getting older in age now and see friends with health issues or people from high school that have passed away.