Pros:Strong cash flowMajor affordable housing shortage in the countryBarrier to entry - zoning prohibits new parksPride of ownership - the residents own the homeLower operating costs - the residents own the homeLower touch - the residents own the homeSticky residents - costly to move a homeEasy to raise rents - costly to move a homeRecession resistant asset class - affordable rentLarge private equity funds are entering the space - drive prices upMom & pop ownership - opportunities to improve NOI and valueLower entry cost per door - less capital neededCons:Not sexy - smaller resale pool (but that's changing)Stigma - some counties try to stop operations (poorly operated parks, criminal activity)Stigma - some people don't want to live in oneLower credit quality residentLess appreciation potential, unless forcedNiche investment - helps to have scale to properly operateMany banks don't understand it - tougher to financeOlder assets in many cases

Welcome to the active side of BP @Robert Jenkins! 

I’m looking for active local groups to start meeting some people and learning about our local market.

Hello BP Friends, So I've been trying to actively get my first deal in the northern New Jersey area.

I'm currently active duty military but have always been a seller.

Hey guys I'm new to real estate investing and trying to get into wholesaling looking for some like minded people to meet up with maybe do some offshore fishing or catch a beer. Sending out my first mailing next week s...

I am active duty.

In Amanda and Matt's book, Tax Strategies for the Savvy Real Estate Investor, they say if your home office is "your primary place of business" for real estate activities, then you can deduct it.

Even if you have a property in LLC, the activity would be reported on your personal return anyway, so LLC is doing no harm. 

@Paul LaSpinaA limited Partner in a Limited Partnership should be afforded limited liability(up to contributions to partnership).As a limited partner in an LP - you are not allowed to engage in the day to day activities of the limited partnership.