Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

@Liwen Gu most homeowners associations can legally assign HUGE fines, like $100 PER DAY, when covenants are not followed.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

This is all strictly for buy and hold investing with MFU.Any good contractors / property managers that I could rely on down there?

I'm just the property manager and when I give someone a late fee or the boot, I'm just following company policy :)

Also, dont forget to add other costs to your depreciable basis of the house such as:1) if any improvements were done to the house2) The following items are some of the settlement fees or closing costs you can include in the basis of your property.

I am new to RE investing and have been following the BP forums and reading/listening to the content for some time. 

I'm obviously intrigued with the even more passive income model once the park is strictly renting out pads and all homes are owner owned. 

I then followed suit 8 years later ensuring my son would not either. 

Having said that, if you want to get into real estate suggest that you do part time by helping local wholesellers and do the following:1) make a list of wholesellers in your area 2) call them up and see if they will let you pick up anything on their marketing side and once you in you can gradually know more.