"@ Frank ChinIn this specific instance, it is undeniable that a house was built on that property more than 15 years ago simply based on Google Earth data, but you can see by the county assessor records that the house on the subject property was built in 1950 and then the property encroaching was built over the property line shortly thereafter, in 1951.@ Matt Devincenzo,From the info in your post, the land does not seem to have officially been taken by AP.

The larger properties (1,700 sq ft and above) are the ones that have seen the decreases in value and rents. 

A knowledgeable agent is invaluable. 

Starting small with multifamily properties is my ideal preference at the moment, as I focus on learning, growing, and immersing myself in as much information, data, and real-time experience as possible.As I build my investment portfolio, I could definitely see myself being interested in scaling up to larger acquisitions in the future, but for now, my focus is on mastering the fundamentals and starting small.

Take a $200,000 property increasing in value 3% a year - that is $6,000 in appreciation just at 3%.  

I could easily train virtual assistants to handle these payments and have an app created for encrypting sensitive data for facilitating the transactions through financial service partners from my main line of business.

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.

Since you're selling the business and real estate to a partner/friend you will have some flexibility in value determination. 

Properties that grow significantly in value provide the equity and leverage needed for future investments, which can multiply your returns over time.

@Steve CastagnettaBe honest have not really found a very good one - and I always question data - why?