I'm looking forward to attending networking events and am seeking like minded friends, mentors or partners.

The question is why develop a park when you can buy a functioning one for less $ per lot and with positive cash flow?

For those who have tested the waters - would you mind sharing your biggest mistake and how you could've avoided it when you first made an investment in a property?

A lot of people get it stuck in their mind that 'retirement is at 65" or whatever age.

Anyone who make more than $400 net profit at the end of the year is taxed on it even though this might be their only income.With this in mind, can Michael N say "I am a business owner" (as a sole proprietor) prior to starting his trip to Kansas and start deducting all his business-related expenses from this moment on?

Keep in mind that I have no personal experience in this domain, and I treat electrical and plumbing with great respect. 

HI Michael,the answer to all 3 is yes. since the properties are so close, one or the other would have to be a an Investment property. since this is your plan of action underwriting should have no issues as there is no means of mortgage fraud with what you plan to do. one thing you will want to keep in mind when qualifying for the new home is debt to income ratios, and having a renter with a signed lease agreement for your current primary lined up will off set the debt ratio helping you qualify with no troubles.let me know if you have anymore questions or want to speak privately! 

My simple mind needs to keep things logical to understand.  8-)DanSacramento, CA

I don't mind older homes, actually I prefer them because they have a certain character and charm that newer ones don't have. 

On the refinancing side, yes, you can pull out cash, but keep in mind it will impact your exchanges in the future.