Mobile friendly! 

That amount won't get you anywhere here unless you do some unique type of Investing like flipping penny lots or mobile home Investing

From PD Department of Revenue website:"Some real estate transfers are exempt from realty transfer tax, including certain transfers among family members, to governmental units, between religious organizations, to shareholders or partners and to or from nonprofit industrial development agencies.

started at 45, used self-directed ROTH-IRA to buy 5 turnkey properties (all cash) summer 2012was just about to start looking at buying another property with the rental proceeds at the end of 2015, when I heard about syndicationbought into an office park, then a multi-family, then a parcel of raw land in wine country, and recently a self-storage placeall with my rental proceeds and IRA contributionslooking at mobile home parks for my next investment, hopefully soonalohasteve

I know this doesn't answer your question directly, but consider low-barrier niches in Southern CA, that isn't exactly the traditional rental and flip industry that 90% of BP members talk about, like mobile home flipping or land flipping.

My insurance agency is on City Ave on the boarder of West Philly.

There are so many other options.1. follow successful people, and copy them.2. thousands of books to select from3. re clubs etc4. free advice on hundreds of websites-some good and some not I went to a meeting tonite that a very knowldegeable mobile home guy wanted to sell 2 different 3 day seminars for 5K each!

As a bird dog, I have no power to act on behalf of 'my client' in the transaction, so there is no actual agency.

I'd be concerned about the expenses listed, the age of mobiles and the mgmt.

Here is some more info on each of these products: HOMESTYLE RENOVATION: Product Overview Combines home purchase or refinance (limited cash out) with home improvement financing in one loan with one closingProvides a convenient way for borrowers to make renovations, repairs, or improvements totaling up to 50% of the "as-completed" appraised value of the property with a first mortgage, rather than a second mortgage, HELOC, or other more costly financing method.Funds can be used for repairs or renovations that are permanently affixed and add value to the property.Primary residences as well as second homes and investment properties are eligible.NO MOBILE/MANUFACTURED HOMESRequired LTV's: Primary Homes:-1-4 Units-620 FICO Minimum (660 High Balance)-95% LTV 1 Unit-85% LTV 2 Unit-75% LTV 3-4 Unit- Minimum 680 Credit scoreSecond Homes -1 Unit - 90% LTV -700 FICO Minimum Investment Properties:-1 Unit - 85% LTV Purchase Only (75% LTV Limited Cash Out)- 720 FICO Minimum-2-4 Unit Investment Properties - NOT ALLOWED WITH THIS PRODUCT!