This year I have set a goal to acquire 12 new communities.Currently, we have 8 communities but last year we acquired 4 new communities.A lot of my time is shifting from day-to-day operations to acquisition of new parks.The ways I am going to find these communities are:1.

It's a permanent hat than can lead to graying hair or loss!

Spending too much on renovations in a neighborhood that doesn’t support the increased value can lead to losses.

Simply by itself $900K paid to the govt means an annual loss of $50K - $70k that could be going to your pocket each year - even if using a passive 1031 model.While paying off the debt on your other properties might seem like it would generate more income for you it's kind of a red herring. 

@Regnor VonDedenroth I passed last year with this REschool.

Nashville has had a mass influx of young professionals over the last decade.

Given this constraint, I believe that bringing in a local partner with shared interests in equity from now on, profits, and losses could be a mutually beneficial arrangement.

In the last year I converted a townhome into a rental and purchased a duplex with a partner.

The money you make is tax-free if it's your primary 2 out of the last 5 years (if you rent it for a while, I believe there are some taxes, but it's prorated on time based on what I remember - not tax advice).

Thank you for anyone that takes the time to read this and give me their thoughts.My wife and I bought a duplex to house hack at the tail end of last year.