In the most simple situation, at the end, all the activities are netted to determine your net loss or income so it’s not that important how you allocate. 

Currently I am an active real estate investor and developer (single family and large scale senior housing) but I am looking to get involved in mobile home parks. 

No criminal record. 

Search “crash” or “bubble” and you will find oodles of threads.But to answer your question my thought is to not wait to get active, but invest using a strategy that will work in any market.

The main thing of course is to be aware of and follow all the additional tenant protection ordinances that seattle has which go a lot further than WA state landlord tenant law does.Seattle has a just cause eviction law ,    additional categories of 'protected class' that you cannot discriminate against,  there are rules around what you can and cannot consider when doing screenings  (you cannot consider most criminal history for example),   and there are rules forcing you for example to accept a six month interest free payment plan for deposit and last months rent if the applicant requests it.   

Hi Charles,The main brokerage firms that are highly active in DFW are ARA, Marcus and Millichap/IPA and CBRE - if you are looking for 80+ units. 

This has led me to look at properties in the following high school districts:>Mustang>Moore>Westmoore>Southmoore>Edmund and Choctaw fit his bill as well, but the values in Edmund seem too high and there does not seem to be a lot of market activity in Choctaw (please correct me if I am wrong).The strategy behind these numbers is to buy in cash and then perform a cash out refinance a little down the line.

They told me a lot about what was going on in the unit and of the relationship the tenants were having (alleged illegal activity which I was also told about by neighbors). 

If you know your town/city and actively analyze the competition, then you are in a far better position to know what the market rate is, in my opinion.

If I dont spend time here, then Id need to spend time and money on other lead generation activities.