With property taxes and the high cost of insurance, positive cash flow at today’s prices is a rarity

It's a complete re-positioning.

Probably not 20 house, probably 10 is more realistic...P.S. people on this forum are very smart, caught my miscalculation really quick :-) I hope one day I will be like you guys when I grow up as an investor :-)Ok, lets say you buy not 10-20 houses with it, but 5, which is also will bring you 1.5k-2K positive cash flow, but those houses are in the middle of nowhere...

In my market there are plenty of options for positive cash flowing properties within the budget.

Positive and negative experiences welcome. 

@Robert Davis IIIOut of state is a great thing, if you live in California :-)It is defiantly doable, I know many people who have their entire RE portfolio out of state or out of country...Now , with all that said , if this is your first RE investment then for sure you have to visit the area, and get the local insight, plan your trip ahead and have everything lined up:Several "potential" properties that you would consider investing in, tour them real good and grade them for yourself ..When you visit these subject properties make sure to blend in as much as possible with locals , neighbors, mail man and everyone in town that will be happy to discuss and contribute REAL local insight ... at this point I would not take advice from anyone that is talking from position...

If someone is wanting to partner with me on a real estate deal but he is looking for properties to add value and have appreciation to potentially sell and I am less concerned with the value as long as it cash flows positively, is there a way we an align our goals to work together? 

His expenses seem pretty high to me with about $40k/year in materials and $60k/yr in labor for maintaining the park and maintenance for the homes.

There is a deal out that that you can get a positive cash flow on and if you lock this up you might miss out on the next one.

It's on the homeowner to maintain the property though.