To get started, connect with a knowledgeable real estate agent and lender, practice analyzing deals, and network through local investor meetups.

I've talked to two local agents about possible price points to list at, but it almost seems like they are pulling numbers out of a hat.

Consult your local CPA to calculate accurately and minimize your tax liability.

Their company is pretty great at not responding to their communities people , not following local law yet alone their own lease agreements The uptick of lot rents I get it it’s business but also driving out affordability for people which again it’s a business so some may say that part is just the territory , but not following lease agreements , hiring poor management and then doing nothing about it when it’s escalated is a reflection on their business aswell   best of luck. 

I'm a part of local real estate investors meeting and I have some good realtor contacts.

As others said out of state can be more challenging based on location but local or out of state both can be done. 

—it’s also about reliability, attention to detail, and someone who just “gets” your space and your guests’ expectations.Do you have any hidden gems, local recommendations, or tips to share?

That being said, your typical cost of capital is as follows:EquityAgency debtBalance Sheet local lenderDebt FundPrivate DebtPref EquityHard Money DebtBookie/Loan SharkOther things that will impact capital sources: are you wanting to finance the improvements, or will you pay for those from equity/cash flow?  

(In case the local government decides they don’t want the mobile homes there any longer.)

Follow the local licensing and disclosure laws.