This will require you to learn all the ins-and-outs of parks, to include filling up spaces, renovating homes, selling homes (along with licensing requirements), carrying paper, crafting the correct leases and notices, establishing the right park rules, proper tenant communication, metering of utilities, and the list goes on...

Look at it from both sides since there could be even more risk with a tenant staying if they haven't been properly vetted for example.

If the current tenants are under a lease, you need to wait until the lease is up for renewal to increase the rent (and make sure you give them proper notice). 

I have a number of properties down-valley of Palm Springs proper, and did some research in Big Bear a couple of years ago. 

How much would it cost to manage the property in regards to dollar amount for paying a property manager and also your time and trying to finding a proper tenants have to work in 40-80 hours per week.  

Because if it does it seems like it would be a slam dunk, because $350 in cashflow is better than what my calculations have been looking like in Bloomington (potentially because I'm doing something wrong or because I'm looking at a house hack to get myself started) and pairing that with a decent CAP rate and an appreciating property sounds to me like a solid deal.

I just don't know what the proper steps are when buying the contract.  

Never too many if leveraged properly. you will max out at 10 conventional loans. 20 if married i think.

These associations are incredibly valuable for education, advice, access to legal forms,  screening services, networking,  etc.If there is not already a tenant in place, be sure you understand how to properly and legally screen.   

But, you really should talk to a tax professional about your proper course of action.