My goal is to one day have this be my only source of income.

And for me, the real estate investor, this is cheaper source of capital than a typical private loan or hard money.Anything wrong with my reasoning? 

If source of income locally for you is a protected class you can not say that.

@Ishmael Vir,Don't rely on something you didn't get from a trusted source. 

I'll check out that lead source.

@Carolyn Fuller love a source on that that is actually science based?

My favorite source for a beginner is ​Every Landlord's Legal Guide by NOLO.

Current rents per month: for whole park ~4KFair market rents per month: I'd guess just at > $500/unit and offload the utility costs on the renters, current paid by park ownerDown payment or equity: Expect I could come up with 30% down if neededSource of down payment funds, if applicable: own funds and borrowing from/against IRA/brokerage acctIncome Source: Salaried in telecom construction management for ~20yrsGross monthly income (optional): $5K/moMonthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: $3KFICO: Excellent 800Credit issues: just mortgaged a rental property in Feb and cannot yet show rental income history to offset costs.

Current rents per month: for whole park ~4KFair market rents per month: I'd guess just at > $500/unit and offload the utility costs on the renters, current paid by park ownerDown payment or equity: Expect I could come up with 30% down if neededSource of down payment funds, if applicable: own funds and borrowing from/against IRA/brokerage acctIncome Source: Salaried in telecom construction management for ~20yrsGross monthly income (optional): $5K/moMonthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: $3KFICO: Excellent 800Credit issues: just mortgaged a rental property in Feb and cannot yet show rental income history to offset costs.

Looking at wholesalers as a possible source of deals, but heard too many stories of things being done improperly during the transaction.