Let someone else do the work while I receive steady payments and let my money grow.Another option would be to purchase a self-storage facility or mobile home park with management in place.Essentially, I would look for opportunities to invest without requiring a lot of my time/involvement. 

I am dedicated to building a diverse portfolio over my lifetime that will include single family, multi-family, commercial, and land.

That's what I was wondering about was if it was like how mobile home housing where you are leasing the land but owning the building.  

Mark this:to sell a manufactured home,an person sdoes not need a license,but needs to have a mobile home dealer's license.When that same manufactured home becomes permanently affixed to the land is it sitting on,it ceases to be personal property and becomes a fixture to the land after going through the process of title elimination.

How about buying mobile homes or land then selling them and holding the note?

You are in the right place regarding getting answers you need to your investing questions.Alabama, especially the Mobile is great for landlords... just be sure that you have plenty of reserves... as owning rentals while rewarding financially can be expensive at times.Best of luck!

Memphis, Tn has a market for it, Mobile, Al, and Birmingham/Montgomery as well...The only reason I know that is because I have worked in all those markets...

Most investors (Heck, most PEOPLE) don't realize that a truly good, dedicated contractor is going to have some pretty major overhead expenses.

Accounting, operations, tenant retention, tenant relations, operations, communication, integrity, knowledge, dedication, experience?

The book should have been dedicated to me and all the other beginning investors.