Even though your market might prove expensive, I would exhaust all options before ruling it out.Truth is, you have a unique competitive advantage in your market.  

Have you always invested in owning the parks, or have you purchased some individual mobile homes in parks you haven't owned also? 

Well I've never really thought if they appreciate it on an individual level or not.Some do say thank you, some do not. 

We would like to have more individuals that we deal with directly. 

Or, there are so pools already that it is no longer a unique differentiator. 

In a 1031 exchange, does the replacement property need to be more valuable than the total sale price of the deal I sold (including other investors), or just my individual portion of the investment?

While California has long been a real estate powerhouse, Florida offers a compelling alternative with its own unique set of advantages.Let's spark some conversation!

Individuals are purchasing these properties, rehabbing them, and raising rents.

Any unique challenges?

I focus heavily on the sell side and on the buy side only work with high net worth individuals so the newbie wanting a 400k multifamily with an FHA loan probably isn't for me.