We entered the market a similar time to you and have seen opportunities shrink up even in the short period. 

Specialty advisory firms create these plans, and simply use one or more custodians as the back-end reporting layer.Similar to the IRA is the Solo 401(k). 

With that money (combined with my savings), I can enter the multifamily arena which is something I've been wanting to get into. 

By having all of the funds in one place, it seems like it would simply things if when I want to say sell some of my rentals and invest in something more passive like a Syndication.

Also, how can you strereo type me and my ability to construct a deal simply because it’s my first REI deal.

Identify your Ideal Mobile Home Park and location (type of park spaces, age of homes, city water, city sewer, 70% or more occupied, cities with high population, etc..)2.) get list and enter into excel.3.) find owners info, address, phone#, etc.. 4.) contact thru mailings, cold calling, etc..5.)

I agree with @Jeremy Taggart on simply selling and taking the tax free gains. 

We are both great friends and trust each other in entering into an LPA.

To put it simply, you aren't cash flow positive until your monthly rent receipts exceed monthly debt service and all of your expenses, and that can take some time to raise rents.  

I had it in writing at 60k so it was frustrating to see especially after paying my lawyer for the initial contract which was simply a waste of money if he had no intention of selling it on contract in the first place.