.#4 - Have someone local that you trust, go over zoom and get to ask them question.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Not sure which markets you're considering, but if you set your sights on the coast I can help with local lenders, attorneys, tax pros, etc. 

So many variables can turn a deal sideways from 1 hour to the next - i.e. inspection findings, title issues, contracts, financing issues, taxes, dept. of buildings/local municipalities, etc.I'm glad to hear you made it through the challenges, and it sounds like you'll be able to leverage this experience as you grow your portfolio.All the best to you along your journey!

However, investing locally has become increasingly unfeasible and unrealistic due to the high costs.

Make sure you check the local ordinances / zoning and talk to the local administrator to see if you can do what you are planning.

If you're considering mobile homes, the first step is checking zoning laws and utility access since some areas have restrictions.For resources, Mobile Home University is a well-known starting point, and local mobile home dealers can offer insights on placement and financing.If mobile homes are allowed, you could either rent them yourself for higher returns but more management or rent out the lots for steady cash flow with less work.

I'm from Franklin, which is about 20 miles south of Nashville, and I'm very familiar with the Greater Nashville area growing up here.Feel free to reach out if you're interested in connecting and I'm happy to be a local resource.

Let me know if you'd like to set up a meeting since we are local.

When dealing with federal, state, and local NOFA (notice of funds availabilities), do government funds allocated for affordable housing often get depleted from too many developers requesting funds for new projects?