You nailed it too.

I think you hit the nail on the head.

For those in a similar situation as me without much experience I highly recommend reading "Rich Dad Poor Dad," it's recommended by all of the pros and I can finally see why.

Also, Dyland hit the nail on the head with the "time to buy."  

@Kevin Kim In a good part of Los Angeles you may not be cash flowing right away, it may take a few years; but in a final calculation you'll be in plus (considering interest and insurance tax deductions, depreciation, building equity instead of paying for someone's mortgage), etc).

I finally pulled the trigger and put in my first few offers but haven't had any luck yet.

He finally left it all, totally without regret. 

Finally, check with the FMHA to see if the park is a member and/or if they are aware of anything about the park. 

@Chad Urbshott The assignment of the foreclosed mortgage actually occurred during the foreclosure, prior to the Final Judgment, which is typical.  

if you can swing it go for it A $440k mortgage would be around $2100 per month so would have some positive flow  Use the rental properties calculator to get your final numbers(it is under the analyze tab)