With a high of 18 next week, you could be cutting off your nose to spite your face. I

Responding to someone without a face, is like speaking to a wall.

Being 33 that felt like a slap in the face. I

I do own a townhouse as my primary residence and my wife and I are looking to purchase rental townhomes in popular neighborhoods near us.The issue I face is, my appiate for risk is pretty high and I want 1% rule, 50% rule properties.

The trouble that you might face is how that stigma affects you on resale (and rentals to some extent).  

Each new tenant I sign a lease with, always give me a new challenge to face. I

Again, talk with your accountant (maybe a lawyer too) but...One of the biggest challenges I think a lot of 'full time conversion' REIers face is 'how to pay myself in a way that isn't self-employment' ... it becomes a huge deal when you're doing silly little things like, say, getting a cell phone, or a car loan, or a mortgage, or lines of credit... or a credit card...This is where it pays to spend the time and money to set up your LLC/C-Corp/S-Corp correctly so that you can pay yourself on a W2 or through an S-Corp and not have the problems/taxes associated with a 1099.

What you face is the potential of somebody taking you to court over a few hundred dollars. 

That likely costs the same for a small park as it does for a larger one.The biggest challenge you face is the size, it is small.  

One challenge that investors often face is our taxable income.