. $7k may not be enough since the lowest priced properties are around $200k unless you buy a mobile home.

I have found an opportunity that look's good on paper but not sure if I should pursue it.I originally thought it was a mobile home park with 45 units but it turns out it's 45 units within a mobile home park.We'd never own the land only the units.I drove by it yesterday knowing which units and it seems to be at least 50% of the park or better.My initial #'s show it would cashflow nicely but my question is how risky is this.Also how do I valuate the trailers?

I own 3 short term rentals in the panhandle of Florida as well as a small mobile home park.

I own 3 short term rentals in the panhandle of Florida as well as a small mobile home park.

I own 3 short term rentals in the panhandle of Florida as well as a small mobile home park.

@Eddie Lunsford are you in Mobile?

I own 3 short term rentals in the panhandle of Florida as well as a small mobile home park.

@Mark Rechkemmer If the DMV is responsible for titling and re-titling mobile homes in your area (as personal property), it may be hard to get an answer over the phone.

My long term goal is to invest in a syndication or JV an apartment building or mobile home park.

I eventually wrote a book on multi family investing and I planned to stay in that room for the rest of my life.After beating our heads up against the wall for years, my team branched out into self storage and mobile home parks.