My mortgage and escrow combined is $841 per month. 2: I have no experience as a landlord. 

Jan 1st of this year I combined rental properties with a partner. 

If not, multiple properties get combined into an LLC until there is $250,000 in equity there.

Mobile home park investing requires specialized knowledge and experience that is unique to MHPs, so it will be good to become adept at the following:Finding deals - You will need to be adept at sourcing parks to acquire.

That, in combination with the frequent requests, as well as trying to reduce the rent, is a play on their part to see how much they can control the relationship.

I mean, the math above seems to show you make make 20% or more by combining cash flow return with mortgage pay down.

You could combine that with hard money but I'm not sure I'd recommend that to a first timer... find a great deal and you'll find the money.

Combine water, gas, electricity bill into rent.

Really, you're only limited by your thinking... you can use any combination of seller equity / personal loans / helocs / private money / 401k loans / hard money, etc.

I bought a unique property in LA a little over a year ago with the intent to Airbnb it, only to find out that it is 100% illegal to do short term rentals.