Although you might think that only applies to a contractor, they have the following example:Operative (Speculative) Builder (Also known as “Flipping”) A person who owns land and builds with the intent of selling the building once it is complete is an operative (speculative) builder and is a prime contractor.

Second generation realestate dude. https://www.pledgepropertymanagement.com

Do you really want to be operating a business.I would sell and invest the money in a income fund of some type that could probably generate a 8 - 10% return without a problem.Let your children get loans if necessary.

All income that property had generated in the past stays in the IRA, tax deferred.

They would prefer to replace the income the house is generating with another source.

@Jon Dorsey The 'environment' does not change business fundamentals.Parks with POH are two separate business: one is the MHP, which generates revenue and expenses from the operation of the park; this has its own value and risk profile.

Being a real estate investor and business owner, operating thru S Corps, C Corps, and LLC's, I know of lawsuits filed against the LLC and the owner personally, an S Corp and the owner personally, either by piercing the corporate view, or for the owner being personally negligent.

I’ve been looking into investing in real estate for over a year now but have never had the resources to generate money to fund it.

It's also not suburbia, standard of the Boomer generation. 

Ft lauderdale and Miami have more year round because of the size of the market, business operations, etc but the price point is higher and so is a higher barrier to entry.