If I were to get sued in my current situation - I believe the case would have to be above $1.3M before I would have to personally pay out / potentially lose my properties (or other assets).  

@Monica SethNo, for a couple of reasons....1) moving back in for 6 months Still won’t get you to the 2 (24 mo.s) years of the last 5 years (60 mo.s)..you still have that 3 years 4 months (40 mo.) gap in there.Every month going forward, you lose one month that you lived there before you rented it, as you look back 60 months from your  Sale date....so you can’t meet the rule unless you move back in for 2 years.2) If you moved back in for 2 whole years, to meet to 2 out of 5 rule, you still won’t get the full exclusion because you met the 2 out of 5 rule After it was a rental.

I'm working with some investors now who are looking to buy an investment property to simply "store cash" so that it appreciates with the market instead of losing value.

You're on the right track though - just make sure you don't lose site of what your long-term goals are.

i would contact an attorney in this area, it never seizes to amaze me the links the cities will go to so they can cause problems and then tell you they all about affordable housing, all they really about is taxing the heck out of homeowners and they know they cant get lots of taxes out of mobile homes so they dont like them, i dont see you losing this battle cause the homes were already in the park and in lots of cases that grandfathers them in, mayors are not lawyers and it sounds like you are in an area where they dont like parks good luck

Beware of uncle sams bill both on the sale of your business and going forward as you consider where to allocate.My 2 cents, the bond market isnt particularly attractive for the foreseeable future and is more likely to actually lose you money, especially with longer duration.Be aware of costs, stick to low expense ratio ETFs and go passive in the the equity markets if you do not have any macro thoughts of your own.As far as real estate goes, BP is a great place to learn the ropes, especially if you are interested in swinging a hammer and buying direct properties.

I’m ready for the eventuality of losing money but at thesame time want to keep the tenant accountable at the end but because of the statement he made about paying his credit card bill instead of rent.

Though I was going to lose revenue, I did let the person go sooner.

In most cases, the buyer needs to have a plan, otherwise they will lose out and the seller will go back on market. 

I've seen it done right, but I've also seen people lose a lot investing out-of-state.