@Kai Hsu  nice price points in almost all markets in the mid west is that 90 to 120k purchase point  market rents Non Hud... these will give you the most peace of mind from long distance ownership or at least they should.. 

The final decision to pull out of the deal was simply the distance and not wanting to deal with managing or managing the management company with no systems in place.

Would i do it again...in the right part of the country (read: no snow), on the right piece of land where you can provide enough distance btwn the trailers...sure, I'd do it again!

I do know you can't build on one lot because of sewer distance requirements so I'm looking at adjoining lots.

My biggest problem is my distance from the unit.  

Tired of the grueling commute in Los Angeles, CA, I just put a team together to flip / wholesale in the Greeley / Ft Collins / Longmont areas. 

My dad owns rental properties in Florida and will be serving as a log distance mentor but I am looking to work with and mentor with someone local as well.

Since you are short on time, it's a great way to make your commuting time or what not more productive towards learning the business.  

Account ClosedI invest at a distance (DC is too expensive) and the first thing I look at is a city's financials.

Has great curb appeal, new siding, great area of town, high traffic walking distance to area's high school and middle school so great area.