In a mobile home park, most of the value is in the underground infrastructure, roads, landscaping, amenities, pools, fencing, pads, utility pedestals, etc, while only a small portion of the value comes from a building, like a clubhouse or laundry facility.

Are there any particular strategies or tips you can share to maximize returns while keeping operational expenses manageable?

If you're considering to become an out of state investor, here are some of my tips: 1) Make sure you do your due diligence and don't be afraid of skipping a deal if the numbers don't work. 2) Know your focus - is it cashflow or appreciation?

Also, if anyone has tips how to find good potential sellers that would be much appreciated.

-Tips for managing the HELOC and property finances effectively.Others have advised that a HELOC only makes sense for short term use, not long term due to it's variable rate and risk of over leveraging.

Any tips on how to document the damage effectively or how to approach the adjuster?

Views are 4X and conversion is double over my 2/1. 2- and 3- bedrooms are the squishy middle with tons of competition, but when the potential guest needs to sleep a large group the pool shrinks dramatically. 

I dont like when folks tip toe around pricing.

When I'm looking for places to say, amenities are very important to me (pool, movie theater, game room) as well as the layout of the furnishings and how comfortable it appears. 

My daughter makes $25 per hour working at Starbucks while at school ($20 per hour plus tips).