Sounds to me like your first move should be to sell your NJ rental and invest the proceeds somewhere more profitable.

I have absolutely no knowledge about mobile home parks, but it sounds like a great plan!

Working for a top producing agent or real estate investor sounds ideal but I just don't know where I would find the best fit.

The guest shared that in his opinion paying an extra quarter of a percent was worth the price of building a relationship with a lender.Has anyone tried this in the Puget Sound region? 

@Diego Ortega  Let her leave, sounds like she's going to anyway. 

Joseph.You sound like quite the go-getter.

My strategy would be to hold onto this property for 20 years while my parents receive the income and then cash out when the market is right.Rent: 8% gross salesCap Rate: 6%Base Term on rents: 11 years with 3 10 year options.In my projections I'm assuming sales increase 1% a year below 3.5% inflation.Using this conservative assumption IRR is close to 9.5% over 20 years (assuming an exit value with 7% cap).Does this sound like a good investment strategy?

Sounds like she got a job, maybe commission only, with a hard money lender 

Anish,Investing 600K to get $100 cash flow doesn't sound to me like a good plan :)I think you can invest it much more efficient if you just look out of state.It will give you a much better price to rent ratio, plus in many states, laws are landlord friendly and not tenants friendly as in CA.If you want to learn more about out of state investments please feel free to check this meet up group:meetup.com/Los-Gatos-Real-Estate-Networking-Meetup/

You have no contract it sounds like. 50% chance a judge will side with you.