Experience is another thing - it shapes and challenges the knowledge you acquired and you always find yourself wanting of knowledge because each day is a new day with different challenges and demands as is each deal.

(As AZ and your current state will fight over who gets to tax your gains with the federal government.)I have to throw most of the shade on your horrible tax guy/cpa who didn’t tell you renting it out was a $50-$100k mistake. 

This is the type of deal where doing your homework upfront pays off big time later.

Why someone willingly wants to work with a government agency that will slow down turnover, dictate rents and rent increases, and dictate repairs is beyond me. 

I paid for a lifetime membership and then still got charged.  So I disputed the additional charge.  Low and behold they just shut down my membership.  Doesn't seem like that's how it should work.  If anything explain ...

However, I think eventually Big Government will win unless Trump has something to say about it.

His advice was that if you have a client who wants to do a sub to transaction, to bow out of that deal and recommend they do the transaction with their attorney instead of representing them.

Unless a MH is put on a permanent foundation on an actual privatley owned lot, the majority of mobile homes depreciate in value over time.As @Greg Scott mentioned, you can find cashflowing deals if you know HOW to look.

Furthermore, California has a very anti-landlord and anti-real estate investor government that can cause you all sorts of other problems as well. 

It's a monthly REI networking meetup at Red Stick Social on Government in midcity.