Maybe closer to NYC along the commuter lines there is room to grow.

Hello Mohammed, Using an IRR calculation is the right approach, but keep in mind that new development projects are more risky and should therefore demand a higher IRR.Technically the payback period is an actual mathematical calculation that is used to help validate a project's feasibility.

Banks also tell me I'd be a bad investment if I were to get a non-legal job in Florida to supplement my income while growing my new firm, since I'd be working far beneath my education level. 

Once you boost the income a little, the value of the park grows dramatically. 

Just looking to grow my network and get more done!  

I want to live life and enjoy he time with my babies now, and as they grow.

As you grow and grow BRRR or doing whatever bs strategy you are doing make sure to keep detailed and accurate accounting for your properties, depreciation schedules, expenses etc!

Both of my condos are A/B+ class and in the fastest growing part of the fastest growing county in the region.

Now as we are trying to expand and grow, we want to keep multis in our portfolios as rentals.

However if you go outside of city limits then the county has more lax requirements and they are subjective about what is an MHP versus what is not - sometimes it's 4 homes, sometimes more.Most water wells can support multiple homes, it's more about the treatment equipment sizing (e.g. chlorinators, filtration systems) and ability to keep up with demand, and also regulatory requirements of water testing once you have 15+ homes - it becomes an EPA thing instead of your state DEQ.