If you plan renting out this property, that cost recovery comes from cash flow (equity doesn't count). 

Licenses are typically required if you plan to work in a professional real estate role, like as an agent or broker.

I think your plan has merit. 

The main challenge was timing the listing perfectly, but with careful planning, we ensured a swift sale.

@Jerry Zigounakisi'd pick a market close to you, or one you have strong ties in, rather than trying to get to one via math.can you invest where you live, or 1-2 hours from where you live, or where you like to vacation, or where you went to college, or where you plan to move someday?

Does anyone recommend knowledge sources on building a mobile home parks (websites, books, organizations, plans, etc..). 

By understanding the costs you may encounter upfront, you can take control of the process.Here are just a few things experts say you should be thinking about as you plan ahead.1.

Also are you planning to hold the lot?

This could also hurt my debt ratios if I go to borrow on another investment somewhere like my plans for the STR.  

I bought 6 unit property in Wildwood,NJ,in November 2024, doing rehab now, should be done by May 2025I am planning to subdivide 6 unit building to 6 separate condos and sell fall 2026, , if there are any experts in 1031 that can help me?!