(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. 

To be honest, I´m in the Maintenance & Construction for corporate businesses for some US companies in Mexico and we do some Real Estate down here also, but it´s way much different than the US, so I have much to learn from a lot of people around here and as @Julio Gonzalez, I think this is pretty much the right pad and place to start and to break my fears to start all over again from scratchAlso, I´ld like to hear more from @Justin Brickman why he voted for his city, pros and cons, it will help to read from a local...As I said before, thank you all guys for taking the time to write in this post and share some experienceDo you plan to owner occupy. $40k will not get you a non owner occupied San Diego property unless you find some unlikely alternate financing.

I once had a guy get behind on his rent. 

I don't want to be the guy who is happy with his occupancy while his income is 30% under market. 

Thank you guys so much! 

MHPark residents- your park owner is just a guy running a business, no he doesn't have the bandwidth to deal with each resident personally, that's why he hired a management company.

With my anxiety, It still feels like I'm about to jump off a cliff and I had to make and pack my own parachute from YouTube videos.Hopefully I can learn more from you guys in 2025.

One of my vendors ran into these guys over in either AU or Singapore and came back with an impression of sleazy  is what they said..  

I'd hate for you to go through this all again.

Guys - I was just quoted $5000 for the Trust package (Trust, Will, Living Will, and Power of Attorney), plus $1660 per LLC, which includes one holding company in WY and however many other LLC’s you want to start.