People will respect you for your maturity and drive. 

Considering there are many safe construction loans out there, do you really want to get involved with this?

I often break it down into the "five pillars" of protecting your assets.The first pillar is avoiding unnecessary and risky activities (don't drink and drive, insurance generally won’t cover your poor decisions) and take good care of your investments - these simple steps will help you prevent lawsuits before they even occur.The second pillar is a good insurance policy as that cover the majority of your exposure.

I often break it down into the "five pillars" of protecting your assets.The first pillar is avoiding unnecessary and risky activities (don't drink and drive, insurance generally won’t cover your poor decisions) and take good care of your investments - these simple steps will help you prevent lawsuits before they even occur.The second pillar is a good insurance policy as that cover the majority of your exposure.

My preference was to stay away from Snow and invest in warmer weather market but some investors prefer a 2 hour drive rather than a 2 hour flight..

Hey BP,I spent a good amount of time driving neighborhoods in San Antonio for buy/hold investments following several suggestions and found many neighborhoods that I really liked.

Sac looks more safe than Morgan Hill/Gilroy from earth quake perspective =)

If you want to be safe, keep anything they left for a while in case they come back for it.If all you had was verbal comment that they are leaving, you may need to go to court for possession of the unit so that you can legally throw out the items they left.

I follow the core/satellite approach to portfolio diversification where the bulk is in very safe/conservative assets which allow a smaller satellite portion to be in riskier.

Not an expert in that niche at all, but I'd suggest driving for dollars in the various parks and then marketing specifically to the distressed mobile homes (postcards, texts, cold calling, etc).