(if you are in the right market).2) The ability to buy cheap from moms and pops with huge room for upside in rent increases and occupancy increases.3) The ability to obtain seller financing (which is what got me into the business to begin with).4) The huge underlying value in being in an industry that has not allowed new construction since the 1970s.5) The low management intensity when you are just renting land.6) The only remaining sector of real estate in the U.S. where you can hit 20%+ cash-on-cash returns if you are smart.7) The win/win business model of bringing old mobile home parks back to life.8) The beauty of being in a business sector that is on the right side of every American megatrend.But there are also the following drawbacks:1) Suffering through a huge negative stigma that makes you embarrassed to even tell people what you do sometimes.2) Suffering through some city halls that hate mobile home parks and everyone associated with them.3) Suffering through media that assumes that anyone who owns a mobile home park is therefore evil no matter what you do.4) High levels of risk (and almost certain failure) if you do not conduct good due diligence.5) The endless risk of private utilities unless properly vetted.6) Learning to adapt to the customer base and being a good landlord that gets the job done in a friendly way.7) Not getting involved in the hysteria of some markets that offer little in the areas of returns or safety.I cannot emphasize enough that this is not a get rich quick scheme, but a get rich slow scheme.

Make small bets while you test, learn and adapt your preferred strategy.

Just keep investing as you are...you have a foreclosure and you cannot change that..just adapt to it and keep saving and investing.

I'm learning a lot about Self Storage and am excited about the possibilities of investing in it, developing new facilities and adaptive reuse in certain markets. 

Sent you an example, but I guess you couldn’t adapt to that.

Here's a question... how will you adapt to new technology where the dynamics will change the game, for example...

Change is inevitable, just  have to adapt.

Or it could be adapted by a newly promoted Non Commissioned Officer (NCO), or a more senior officer. 

It is time to adapt business or cash out. 

That will be time consuming and even more work if segregated into one account and then having to divide up the interest received.I would use a standard lease--possibly one adapted by your state association.