Like everything It qll depends on how well you buy.I would not suggest buying a Park untill you know the mobile Home aspect of it.Originally posted by Mr_Investor:What's better mobile homes or mobile home parks as far as investments and cash flow is concerned?

There is a lot of good info on this and other aspects of rei on the forums...visit daily so you have a foundation of knowledge to work with.

John C, You also made an excellent point on my need to keep up with may parent's finaces and be throurougly aprrised of all aspects.

In looking long term, I want a property that will cash flow, appreciation should just be an added bonus at the end of the day.It seems like each of his rules could be applied to certain aspects of RE investing, but when you look at them with a blanket approach to all RE investing, they are very vague and don't really offer any true guidance.Just my thoughts.

This would put them on alert that we are going to limit their chances to score, and that every possession in the 2nd half is going to be crucial.

Welcome to BP community @Art Pulphus  It is a great place to meet new friends and learn about various aspects of real estate and more.

You can either wait for time and the value of money to with inflationary aspects to increase value (which, BTW, your economic position may not be changing much) or you can force appreciation by identifying the potential of a property. 

My question isn't so much about competing with them, but rethinking other aspects of property management.For example -- it's 2am, and the tenant discovers a leak in the toilet.  

It's just that all the legal aspects and paperwork must be handled by the licensed realtor. 

Welcome to BP community @Andrea DeBell  It is a great place to meet new friends and learn about various aspects of real estate and more.