Once you define that, figure out whether you can achieve your goals and objectives in your local market.

You can gain that experience through education, mentorship, and running a park yourself of course, but the goal is to become the expert at determining and executing the right strategy for a park.As it relates to management, just remember that your ability to move the needle will be directly related to the quality of the onsite manager, and YOUR ability to provide the proper leadership, goals for the park, and resources/support to help your onsite staff achieve them.All the best,Jack

Depends on your goals and how you want to achieve them.  

If the proceeds from the sale of this property would help you achieve your goal more readily then it seems prudent to sell. 

If they have not been able to sell it in 2 weeks, I call/contact them and see how I can help them achieve their goals.Sometimes, they use me for information, sometimes they list with "a family friend", sometimes they list with me. 

So, one spouse would have to take a bona fide “silent” role to achieve what you are asking, assuming both are owners of the company being taxed as an S Corp to my understanding

While that typically takes some swallowing of your pride (I have been there), the end goal is still achieved. 

Will one children or all five children have decision making capabilities.What are you looking to achieve by doing this?

LA's an expensive market, and even $100K limits your options for an investment property because you'll be required to put at least 20% down -- and most likely 25%.So I think the biggest question is: what exactly are you aiming to achieve with this next investment?

Is it possible to achieve this goal in your opinion in the current market of USA ( COVID-19 ) ?