Lower tenant turnoverLower capital costsLower operating expense loads relative to other RE asset classesAccelerated DepreciationStrong demand via continue economic pressure on the middle / lower class + boomer retirement with insufficient savings Higher cap rates relative to multifamily assets of comparable qualityA few differences of 55+ vs family parks:Smaller customer base (perhaps not true in Florida)Higher operating costs due to increased amenities (clubhouse, pool, shuffleboard, gym, RV Storage, etc.).More organized tenant base with more time - might push for rent control Far fewer bad tenant problems - likely fewer collection / eviction issues Likely easier to finance as there are typically fewer park owned homes and the communities are more visually appealingLower going cap rates so one could argue higher risk, but lower exit cap rates so if you can dramtically improve the parks operations, you'll make a higher multiple for every marginal dollar of improved NOI. 

I’m wondering if my story is common amongst real estate investors…I spent almost a year and a half attending real estate investing seminars organized by my local REIA and I looked at maybe 40-50 properties before buying a little single-family residence, rehabbing it, and renting it out for positive cash flow.My problem was “analysis paralysis” where I spent way too much time number crunching and worrying about all the “what if” scenarios in Excel.

you are correct but there is nothing that guarantees success but having a local organization would only help. 

This was a well-written article by Elaine Misonzhnik and highlights some interesting property types including:1.Farms: As the demand for organically grown food continues to grow, this is right on.

The restoration requirements of the city, the county, the state, the Feds, and any local organizations who may be interested  - same to be spelled out in Exact detail and not just the vague  "to historic standards"  mumbo-jumbo nonsense they try to slide in on you.But in the end I think you will find that if there was a dollar to be made here - the developer would be doing it.  

Just for organization, I'd buy hazard and title insurance and pay for it via the HUD-1.

The North Georgia REIA is a great organization.

Account Closed is organizing.

Like you must do community service or volunteer as a cross walk or something.

In return I also have time to volunteer to help a seasoned mentor as well, rather it be prepping a property for sale, or whatever the need might be.