Maybe you are more interested in acquisitions or asset management, so make sure you know what you want, and clarify that to the mentorship.

Mark,Jordan is correct in his analysis but the problem lies in managing not to get thrown out of the seller's living room when you offer him $97,200 for his park. 

I just started thinking about selling it because of the new local rental/landlord law in Concord, and there is no more depreciation.Plus, I am thinking of maybe it will be nice to have a vacation/rental home in HI too and not worry much of maintenance if the building has maintenance and manager in house.

Having worked as a Location Scout/Manager for the past 20 years, I bring my production experience to my new role of Real Estate Investor.

You don't know how to manage this property correctly, and it is costing you a TON of money and creating stress in your life. 

There is no way I could afford anything like that but I wish I could get a small percentage of ownership if I help broker a deal and see that the place is managed properly.

Ultimately, the decision should align with your investment goals, risk tolerance, and the amount of time you can dedicate to managing your properties.

What cities do you see have a fair entry point that cash flows not in a crime filled area?

@Natalie Medved, take this with a grain of salt, as my wife and I only owned our Airbnb for about 18 months, but also have a close friend that manages something like 20 in the PHX area (a combo of personally owned and 3rd party for clients).We generally had luck in our furniture with the higher end Ikea, mixed with some vintage finds and some new from places like West Elm and Crate and Barrel.  

However, if you're managing your investments with a bit more tact, you will put your bonds in the IRA and your higher growth investments in the Roth which would give you differing growth rates.