In addition I'm looking to pick up a rental every year or two to add to the 4 I currently have.My question is about mobile home parks and specifically parks in and around St.

Do NOT do a handshake deal or T&M (time and materials) because a lot of guys turn into dairy farmers and in the end the cost is double what they said it would be and then they just look like the Olsen twin meme with their hands in the air like they didn't know.

Technical answer: because a sink involves plumbing, including a trap which can leak sewer gassesReal answer: Because the city are greedy, in addition to incompetant.    

@anthony dooley When evaluating an offer price, would you take into consideration the potential for additional income gained once the empty lots are filled or would you strictly go by the current income and expenses?

Make sure your QI will have a notice for all (in addition to the regular closing documents) at the closing of the property. 

You may find a local farmer who may be interested in it for some additional equipment parking or for the small barn or shop it has. a 2/1 here in the valley out in the farm areas might fetch you $1000/month depending on the condition of the home.

Should I be asking for additional deposit to secure my property 30 days in advance of commencement of the lease?

The initial goals of the workshops would be to present information to open them into the concepts of using retirement money for investing, and to provide them with the sites of the companies that are admins/custodians of these type accounts, so they can do additional research, and to also point them to the SEC info.In holding these workshops, I'm looking at establishing “Pre-Existing” and “Substantive” Relationships; realizing that this is a long-term strategy.With the idea of it being passive for the investors, my thought is for them to invest in my LLC, and then the LLC buys assets, which I'm thinking to focus on commercial; possibly businesses with strong cash-flow that are also selling real estate as part of the transaction.I'm also thinking, in the workshops, to possibly include those with equity in their properties.

We will purchase, put on addition, then rent.  

Additionally, if you're coming with that much down, you'll definitely have PMI, which I don't see included in the expenses.