Houses begetting houses :-)That's how wealth creation happens.

@Curt Smith  best to own the park  instead of just a few MH in the park... buy the whole thing so you can control it all and have all your marbles in one nice spot. stead of spread all over creation. 

If, however, your priority is wealth creation and maximizing returns, buying a single fantastic A prop in HI is not the way to go.

If you decide to set up an entity I'd encourage you to get an attorney who specializes in entity creation to put it together for you. 

If so, I'd highly advise hiring an attorney to handle the creation of the LLC and Operating Statement.If you plan to purchase property in the name of the LLC, you're likely to be asked to provide a copy of the operating statement to prove you're authorized to conduct business for the LLC.

Due to current low interest rates and anticipated appreciation rates for the next few years, Buying a home is “one of the last legitimate wealth creation opportunities,”according to Tim Rood, chairman of Washington, D.C.

Job Creation = Real Estate investment.I go for Texas.

Yes it can come from the seller if the seller carries a note back, but the seller cant outright contribute proceeds towards your down payment ( closing costs and prepaid costs yes, but not DP).You'd need a lender who understands the lenders guidelines regarding a creation of a 2nd mortgage note carried back by a trust deed in CA.

An accountant will be more proficient in the creation and tracking of your books, a tax strategist uses that data to strategize how to save you money in taxes!

Always best to find a good mix between cash flow and appreciate for long term wealth creation.