Not because he was the wealthiest guy I worked with but I never considered trailer parks in my real estate investment strategy to build wealth.He had a manager on each site that collected rents, dealt with the city about electrical and water hookups, etc. but my client didn't really do anything except scout for other opportunities and spend about 5 hours managing his trailer park empire.Again not the richest person ever or anything but he worked about 10 hours a week and had almost no stress in regards the parks.He was also a guy like me that had been brought up very poor and did it himself, which was pretty amazing.

Talk to a few mobile home dealerships in the area to scout out some used mobile homes.

Keeping some of your capital pretty liquid until you know what you want is a good idea, but you should still be putting those dollars to work.In the meantime, you can take your time learning the ropes of scouting deals and doing rehab work.

Estelle a great site for all the data and information you are looking for is called Neighborhood Scout. 

That being said, it doesn't mean this cannot me an extremely useful tool for scouting properties (actually writing my first blog article on that today, so timing was perfect). 

Currently, we are scouting other Charlotte, NC locations for a mid 2016 opening.I've attached a few pics of the Charlotte unit 'in action'.  

I will definitely keep these tips as I save and scout for properties.  

I'm not giving up - I just watched a contractor friend of mine get two properties under contract for pennies on the dollar and and were hoping to scout out another couple of gems that no one really knows about right now. 

@John Banks - Great story and step-by-step on some of your scouting & rehab process.  

Personally, I would pick cities where I had trusted boots on the ground to do some scouting for me and then start analyzing deals using the Bigger Pockets Rental Properties Calculator to see where I would get the best returns, then handicap those returns using population and demographic trends - Basically I would find the best place to purchase buy and hold properties where I had someone I could trust on the ground.