Since I live in California I was wondering if anyone have experience on here regarding forming a Real Estate Fund or know of anyone that does? 

Thanks @Dan Heuschele for your detailed reply describing one of you own experiences.

Thank you for your willingness to share you experience.

I appreciate that people out in the rest of the country may value the clean functionality of this kitchen but from my experience in the NYC/NJ market this kitchen is a few decades over the edge.  

Anyone have experience with investing in Real estate Notes?

Do any of you have experience / advice / insights regarding forming an LLC just to build business / corporate credit? 

It is certainly more challenging to investing actively when you don't live in the market but if you have an investor friendly agent that has experience and connections to contractors, property management etc then it helps reduce that risk.

Brad Park I’d love to sit down sometime and hear your experience.

@Garry Dhaliwal From my experience talking with other investors including others who have done it, it's a lot of time and work to develop mobile home parks from the ground up.

Having had similar experiences in the past, I will add the glaring "red flag" that is visible to me.