Always want to use the 1% rule and seeing the long term potential is my sweet spot.

I am interested in potentially buying a trailer park as the investment is in the land and the tenants rent the lot, bringing their own asset (mobile home) to the location and typically, they stay for the long term. any invoice for a new real estate investor trying to get into this business?

A couple of things I like to tell my newbies-Owning a short-term rental property can offer significant financial benefits.

Quote from @Nicholas Burch: What are the best terms to negotiate on the banknote after you have raised your target equity?

People who have maturities coming up shortly and do not have the 20-25% equity to refinance or if they do in one project they are using one deal to support others. you have to treat each deal separetely and make sure they each support themselves long term.

As for your lot split I am unsure exactly what you are asking but an early hurdle if you do not own the property outright is to get the lender to agree to the split and work out the details.  

and it's not only not cash, it's expensive money - for it to be worth using you'd need either (1) something short term, like a flip (not recommending that here) or (2) a very high return that beats the interest rate you're paying on it.

I am from out of state so wanted less maintenance in the short term while I build my portfolio and grow to the point where I am comfortable hiring a manager!   

Everything comes with a risk but I want to hear everyone's opinions for both states in the long run, thanks in advance It really depends on your style and goals and type of investing.I invest in multiple states and there can be some substantial differences.First decide if you want to do Flips, Long Term Rentals, Short Term Rentals, Shared Housing, Multi Family, Land, Tax Deeds, REITs, Syndication, Commercial and then decide. 

Where the owner doesn't have enough storage space, so it won't be short-term parking.