We live near Park City UT, and own about 30 units out in Milwaukee, WI

If anything really sit down and talk to somebody and explain your whole situation as posting your personal life on a national platform can be scary. .

The fex things to know is utility metering, yard seperation, and possibly parking.

@Jaron Walling then the government forgives the remaining balance after 20 years adding to the national debt...

This will determine what kind of strategy you will follow, core, core plus, value add or opportunistic.If you were looking at $100k-$250k of capital I'd say you could be more liberal in your approach but since you are talking about 7 figures I would be alot more strategic about where you park your capital.

I’ve never invested in a mobile home park but I’m intrigued.

I am currently with a national bank which has given me HELOC to 80% LTV but I wanted to see if there are any other banks which can go higher than that?

Home prices in Austin are about 75% higher than the national average and it’ll be a challenge to find good cash flow on small residences, I think. 

Sarah,The best place to find experienced Property Managers are thru the National Assocation of Residential Property Managers website.

If you plan to go through the coursework & it appears as though you want to delve into real estate as a full time venture, not just a passive place to park your money I see no downside to holding your license.