I am still new to this and and have a lot to learn but I learn more and more everyday.

in the real world if your talking about asset protection.. any issue happens your going to get sued personally anyway.. and your going to spend thousands trying to say you should not >you may want to talk to good insurance man about umbrellas policy if its asset protection your worried about.and if your just starting and don't really have deep pockets and I mean deep.. theres not a lot to worry about anyway.just a lot of expense..

Sonora has a lot to offer other than Yosemite and would rent better year round than groveland.

@Pat Parrillo I would have a lot to learn as far as development but can see how it could make sense with the nearby jobs and land.  

It took me about 15 stops before I hit jackpot.

Just something to think about.To your first question, I just posted a minute ago, we shoot for about 1 deal out of 30 voicemails, but it fluctuates a lot. To

I am not a wealthy person, $350 means a lot to my husband and I and he's supposed to be some kind of millionaire. 

There is a lot to take into consideration.

Else you'll have trash all over your park- trim trees (the number one risk to MHs even though they are owned by occupants) you don't want a lot to stop paying rent.- sewer and water and some times electricity infrastructure is owned by the park.There's more expenses than you'd guess for even occupant owned homes.

The original idea had been to subdivide the land and build 3 quad-plexes but I met with the city and that's not going to be possible due to the lot requirements so now I am looking at one twelve-plex.This plan in theory has a four phase buildout:Phase 1: Buy Acre, finalize design with city (we have preliminary approval but need to own lot to finalize) Start driveway and build parking for 1 duplex, build 1 duplex and assorted land improvement (utilities, sodding, fence, Shed), Rent outREFINANCE - From Builder loan to Long Term 30 yearPhase 2: Continue driveway and build parking for second duplex, assorted land improvementREFINANCE - Cash out refinance should allow me to pull out cash due to built equity (numbers check out based on comparable of quad-plexes of similar design relative to cost and maintaining 25% equity), Rent outUse Cash-out Refi plus additional funds for next phasePhase 3: Finish driveway including turn around required by city due to length of driveway to meet the needs of a firetruck etc, build duplexes 3 & 4, Rent outREFINANCE - Cash out refinance should allow me to pull out cash due to built equity (numbers check out based on NOI evaluation of property value, 8 units now so different valuation methodology, while maintaining 25% equity)Use Cash-out Refi to fully fund next phasePhase 4: Build units 5 & 6, Rent outCash out Refinance to max value where it still makes sense for units to cash flow, laugh my self silly, find another plot of land and do it again.Here is the question, each phase will take 3-5 months* (variance is due to effects of Corona-19 on builders).