Just want to get some feedback on what steps to take.

As with 1031's they offer pros and cons. i agree with @Alina Trigub the first step is to define your main goal - asset protection, growth, tax shelter, all the above.

---Seasoning isn't really an active step in the process, although it needs to be factored into your total cost when planning out the rehab.

You are already taking the right steps.  

@Zach Quick - I would feel most comfortable taking my first step into a new market if that first step were within a 200 mile radius of where I live(Topeka). 

Hello Account ClosedThere are several initial steps you need to look at with the property before you get to the spaces within the property itself.

We are very interested in stepping into a small MHP +\- 30 pads in the KS or MO area. 

Simply, I'm concerned with market IRA funds and would Redirect about 60% of my retirement funds to pursue a multi-family buy and hold opportunity and need a 1-2-3 step map as opposed to the "Guru's" misleading information. 

BP Community what would your first steps be to show you are a serious contender? 

I don't understand this step at all.